The Ministry of Finance has published on its website a brief summary of the Czech Republic’s attitude to the proposals of the European Union concerning the taxation of so-called digital economy (we have discussed this topic in detail here).
The Czech Republic opines that any long-term measures in this area need to be addressed at a global level as part of the OECD; therefore, it does not consider the short-term taxation of profits within the EU by introducing an interim (indirect) tax to be a conceptual solution. Some other countries (including Ireland, Finland etc.) have a similar (i.e. negative) attitude to the presented proposals. We will keep you informed of further developments in this area.
The article is part of dReport – November 2018, Tax news; Grants and investment Incentives.
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