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

23rd November 2018 / Economic policy / Tax & Finance


BEPS and Transfer Pricing roundtable with Vitezslav Kapoun

On November 22, the American Chamber of Commerce held a roundtable with Vitezslav Kapoun from General Financial Directorate on current implementation of BEPS and transfer pricing. The Base Erosion and Profit Shifting (BEPS) Action Plan was adopted by the OECD and G20 countries in 2013. 
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6th November 2018 / Economic policy / Tax & Finance


Letter to Finance Minister A.Schillerová on Digital Services Tax

We write to support the Czech government’s cautious approach to the proposed Digital Services Tax, a Council Directive COM/2018/0147 final - 2018/072 (CNS).
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1st October 2018 / Economic policy / Tax & Finance


IMF: International Corporate Tax Avoidance: A Review of the Channels, Magnitudes, and Blind Spots: A 1 percentage point larger tax rate differential reduces reported pre-tax profits of an affiliate by 1 percent.

According to a recent IMF working paper on tax avoidance, called International Corporate Tax Avoidance: A Review of the Channels, Magnitudes, and Blind Spots, a 1 percentage point larger tax rate differential reduces reported pre-tax profits of an affiliate by 1 percent. The authors believe that this estimate is larger than the consensus so far and the semi-elasticity has increased over time; a value of around 1.5 applies to the most recent years.
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7th August 2018 / Economic policy / Tax & Finance


E15.cz: Cryptocurrencies do not exist, blockchain is the future, says Jean Lemierre, Chairman of the Board of Directors of BNP Paribas

One of the largest European banks, the French BNP Paribas, strengthens its activities in the Czech Republic. With its new Hello bank brand it targets young clients and cooperates with fintech companies. "The Bank is designed to expand the use of digital technologies that are popular with young people. We are doing the same in Germany," says BNP Paribas Chairman Jean Lemierre to E15.cz 
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Members of the American Chamber of Commerce in the Czech Republic