23 June was the day of the year when Czechs have made enough money to pay their tax obligations this year and begin earning for themselves, according to the calculations of accounting firm Deloitte, Radio Prague writes. It says it took the country 174 days to reach the 2018 “tax freedom day”.
That day has never come so late in the year for Czechs, Deloitte. Another organisation, the Liberal Institute, uses different calculations and declared “tax freedom day” on May 22.
According to Deloitte, approximately the same as in the Czech Republic will apply to the Netherlands, Germany and Slovenia. Tax payers will have to spend the most days paying taxes to the government in France and Luxembourg, while the fewest in Romania and Bulgaria.
12th October 2020