HK CR: Shortfalls of tax revenues may exceed the revenue from digital tax

(ČIA) The Czech Chamber of Commerce (HK CR) warned that if the introduction of a national digital tax against large foreign companies would lead the US administration to escalate international tensions, called trade wars, tax revenue shortfalls in the Czech state budget could exceed the expected digital tax revenue several times over. President Vladimír Dlouhý added that the deputies and the government should also consider the option of not waiting for the introduction of a new tax until there is an agreement on its parameters at the EU level.



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