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.

Spotlight issue

18th February 2020 / Economic policy / Tax & Finance


AmCham Issue Analysis: Digital Services Tax is high risk for uncertain reward

Should all companies pay their fair share of tax? Yes. The combination of the EU Common Market and virtual goods make determining what is fair very complicated. 
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4th February 2020 / Economic policy / Tax & Finance


AmCham CZ: Digital Tax. Collateral Damage

The government's proposed tax on digital services is moving through Parliament just a few days after France announced it will step back from immediate implementation of its own very similar digital tax. The French decision to alter its approach came after the United States made it clear it would impose retaliatory tariffs. 
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4th December 2019 / Economic policy / Tax & Finance


AmCham Tax Policy Outlook with Finance Deputy Minister Stanislav Kouba

On November 28, we discussed with Deputy Finance Minister Stanislav Kouba the impact of digital tax on the Czech economy. Among other issues we talked about fair taxation, efficiency of revenue collection in the Czech Republic, proposed amendment to VAT Act, reverse charge, changes in Income Tax, labour taxation and ecological tax.
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5th August 2019 / Economic policy / Tax & Finance


AmCham submits comments on proposed Digital Services Tax

AmCham is worried that the government's proposed tax on global digital services companies will end up being paid by Czech companies wanting to market on the internet, and not contribute to necessary global solution.
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Members of the American Chamber of Commerce in the Czech Republic