Czech Recovery Package Moving Forward in Parliament Including Corporate Income Tax Increase

The Czech Ministry of Finance has issued a release announcing that the Chamber of Deputies (lower house of parliament) approved the government's recovery package in its first reading on 14 July 2023. As previously reported, the package contains some important measures such as an increase in the corporate income tax rate from 19% to 21% and the merger of the 10% and 15% reduced rates of VAT in…
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