Stanjura’s brutal corporate taxation

The public debate about a sector tax or other special corporate tax is partly a debate about the very nature of taxation. The Fiala  overnment wrote in its policy statement that, “It is time for the citizen, as a taxpayer, to become a partner for the state. The task of the state administration is to support business and create favorable conditions for those who finance the country and create job  pportunities.” The new government had the lofty goal of changing the taxpayer experience, yet Finance Min. Zbyněk Stanjura now says that no topic is taboo, including a windfall-profits tax on a company’s above-average earnings. He told Týdeník Echo that amounts above this average could be taxed at a “brutal” rate and that it wouldn’t make sense to incur the political costs of such a decision if the proceeds were in the single digit billions of crowns. It’s hard to see after such a statement how many businesses in profitable sectors will consider themselves to be a partner of the Fiala government.

FW220718

Source

Recent posts

See All
  • Hans Weber
  • September 30, 2022

Will Erdogan head to the EU summit in Prague? Ankara’s ambassador says the relationship with Brussels should strengthen

  • Hans Weber
  • September 30, 2022

Latvijas vēstniecība Čehijā / Lotyšské velvyslanectví v České republice

  • Hans Weber
  • September 30, 2022

Der Prager Zoo eröffnet ein neues Zuhause für Gorillas

Prague Forum Membership

Join us

Be part of building bridges and channels to engage all the international key voices and decision makers living in the Czech Republic.

Become a member

Prague Forum Membership

Join us

    Close