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: Ministry of Finance plans to introduce electronic surveillance of sales
According to the interview of deputy-minister Simona Hornochová of Ministry of Finance for the Ekonom journal the state is planning to introduce system based on Croatian model that would track and record every sale of every merchant for the purpose of proper taxation. The system is based on the fact...
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Google+Economic Policy: China to issue new rules for trust companies
China Banking Regulatory Commission will issue new regulatory that aims at reducing liquidity risks associated with off-balance-sheet wealth management products (WMP) by forbidding trusts from operating pools of cash and credit assets that enable them to fund cash payouts on maturing products with t...
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Economic Policy: EU economy needs to diversify its financing, EC says
On 27 March, the European Commission published its proposals concerning the “long-term financing” of the EU economy. According to Michel Barnier, Commissioner for the internal market, the EU needs to diversify its ways of financing and improve access to finances for the SMEs, which are the backbone ...
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