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Czech Republic Amends Conditions for Basic Investment Funds

|Approved Changes|Czech Rep
Czech Rep

The Czech Republic has published Law No. 174/2018 in the 16 August 2018 edition of the Official Gazette. The law amends the definition of basic investment funds that may qualify for a special reduced corporate tax rate of 5%. The definition is amended to exclude publicly-traded investment funds from the beneficial rate where the fund is 10% or more owned, directly or indirectly, by a corporate…

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