ODS proposes lower taxes and extraordinary contributions

(ČIA) Within the framework of coronavirus laws, ODS has proposed the introduction of two VAT rates, an increased level for depreciation, an extraordinary contribution for municipalities, and an increase of the limit for mandatory VAT payers to CZK 2m. According to the party, such measures will help entrepreneurs, people and local governments deal with the consequences of the COVID-19 pandemic. In particular, ODS MPs chairman Zbyněk Stanjura proposes to move all items from the 15% VAT rate to the 10% VAT rate. Apart from that, MPs club deputy chairman Jan Skopeček proposes to increase the basic tax payer discount by more than CZK 5,000 which should support consumption.



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