CR might apparently tax international corporations

(CIANEWS) - The Czech Republic is likely to have the option to tax the profits of large multinational corporations based abroad but operating in the country. It is to be made possible by a draft law on a top-up tax approved by the government. The Chamber of Deputies is expected to debate it in an accelerated mode. Finance Minister Zbyněk Stanjura (ODS) said it could mean an addition of up to CZK 6bn a year for the state budget if the corporate income tax remains unchanged at 19%.



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