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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Economic Policy: ECOFIN Council discusses FTT, EU budget and more
cAt an ECOFIN Council meeting on 7 November in Brussels, the EU´s finance ministers discussed the anti-abuse amendment of the 2011 parent-subsidiary directive. This amendment is a step in the fight against tax evasion, it would ban abusive parent-subsidiary tax arrangements. As it touches taxation, ...
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Google+Economic Policy: Introduction of third VAT rate and expected reduction down to two tax rates again in 2016
On Wednesday 17th September the Chamber of Deputies decided in second reading about introduction of third VAT rate at the level of 10 %. Eventually they sent act to the third reading where it should be accepted and sent to the Senate. As it was previously mentioned the third tax rate should be appli...
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Economic Policy: IMF considers creating new loan policy
The International Monetary Fund might create new policy for indebted countries to get large loans. New lending rules should drop the exception that enabled Greece to obtain a loan in 2010 without having to first restructure its debt. The proposed changes aim to give flexibility to 2002 rules applyin...
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