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

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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1st March 2018 / Economic policy / Tax & Finance


Invitation: AmChams CEE 13th Regional Tax Conference: The Digital Future of Tax in CEE

Today’s digital world is revolutionizing tax compliance and tax administration, providing opportunities and challenges for both taxpayers and tax authorities. Imagine tax reporting in real time in the foreseeable future. Already now the way that businesses and tax administrations organize tax processes is changing at a fast pace. Join us to hear about and discuss the latest trends and plans for which you must be prepared.
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Members of the American Chamber of Commerce in the Czech Republic