On October 4, the AmCham hosted a tax policy roundtable with Stanislav Kouba, a director of Income Tax Department from the Ministry of Finance. Mr Kouba presented tax update on the digital economy, research and development tax allowance and new tax tool – tax data information box (daňová informační schránka). What is a stance of the Czech Republic, particularly the Ministry of Finance, toward taxation of the digital economy? Does the Czech Republic take into account (rather restrained) attitudes of other EU member states? How could the system of tax data information box be enhanced? Is it possible to facilitate procedure of the research project submission in advance to apply for the tax allowance support?
With everybody wanting a slice of the pie – power at Prague City Hall – even a post-election coalition of ODS, ANO movement and TOP09 block is possible. This would be unimaginable in the Chamber of Deputies, but these are municipal elections and everything and anything could happen.
The availability of housing in the Czech Republic is the worst compared to selected countries in Europe. On average, a new flat amounts to 11.3 multiple of an average annual income. The period is even longer than in Great Britain (9.8) where nominal property prices are by far the highest. The easiest way to new housing is in Belgium (3.7 of annual income). These are the findings presented in the latest Deloitte Property Index 2018.
On October 3, the International School of Brno organized a student debate with representives of political parties competing for Brno mayoral seat.
Strategic Directions for Czech Economic Policy
- 1) The home of value-added manufacturing
- 2) Prague-Brno-Ostrava Creative Triangle
- 3) Health Care as an export industry
- 4) Government as a competitive advantage
In Policy Pipeline policy developments in the Czech Republic and abroad are monitored to bring better understanding of current topics and trends.