Windfall tax enters approval process
A new windfall tax has been published in the Chamber of Deputies Print No. 254 in the form of the Czech Minister of Finance’s amendment to the 2023 tax package, which is expected to take effect on 1 January 202…
Czech Ministry of Finance presents conceptual framework of new Windfall Tax
The Ministry of Finance of the Czech Republic has presented the basic parameters of the new windfall tax. Who will be the subject to the tax? How will it be calculated? And how will it be paid? Read a summary o…
The government will debate the extraordinary profit tax
In the previous days, a draft law on income tax was to be discussed, which would implement the extraordinary profit tax (Windfall Tax) into law from 2023 (for a period of three years). It is an instrument that …