Exporters Fear Trade War Over Digital Tax

Czech exporters are pleading with Prime Minister Andrej Babis to amend the current digital tax proposal. They fear it will damage Czech-US relations and bring severe retaliation by US President Donald Trump. The Chamber of Commerce says the state stands to lose more money over the loss of exports to the US than it will […]

Czechia Falls In Corruption Perception Index

Corruption in the Czech Republic is worsening, and Prime Minister Andrej Babis is to blame, Transparency International (TI) says. TI’s 2019 Corruption Perceptions Index (CPI) ranks 180 countries and territories by their perceived levels of public sector corruption. TI compiles expert assessments and surveys of business executives. Then assigns a score between zero (highly corrupt) […]

Digital Tax Moves Ahead Despite Trade Threat

US Tech companies face 7% digital tax in the Czech Republic The Czech Republic is seeking a 7 percent tax on companies that provide digital services to Czech users. The tax bill went before the Chamber of Deputies today, who gave it tacit approval in the opening round. Next, it will go before the Budget […]