Economic policy / Tax & Finance
This section reports on economic policy initiatives of the Czech government, the EU, and other entities that have a direct impact on the competitiveness of the country. It also includes information on economic priorities of the AmCham and other leading associations.
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Spotlight issue
Amcham´s comments to Act on Digital Tax (3rd reading in Parliament)
We write to express our concerns over the adoption of a Czech Digital Tax on a targeted group of companies that provide the platforms for the creation and international growth of innovative business.
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Piggy banks grow fatter in Central and Eastern Europe in Covid times
Average monthly savings and investment volume rose in all CEE markets in 2020, continuing uptrend over past five years
Across region, increasing importance attached to putting money aside, but level of satisfaction with savings and investments varies widely
Key drivers for putting money aside: “rainy days”, planned purchases and safeguarding for old age
Widespread popularity of traditional products like savings books and building savings also reflects risk aversion among CEE savers
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Who will benefit from abolition of super-gross wage?
The government has decided to proceed with the long-promised abolition of the super-gross wage, while at the same time introducing the progression of personal income tax. The Chamber of Deputies is currently debating an amendment to tax laws, which has already passed the first reading. The coalition has now agreed to submit an amending proposal abolishing the super-gross wage. Who will pay less and who will pay more tax if it is passed?
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