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Cabinet Considering Introducing ‘War’ Tax

CZECHIA
  • Czech cabinet is considering introducing a ‘war’ tax to readjust the budget balance, which has been constantly surging in the past two years (Covid shock, followed by Ukraine war shock).
  • In an interview this week, Czech FinMin Stanjura distinguish the ‘war’ tax from sector tax, stating that it will target profits not resulting from quality of services but from ‘external events’.
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  • Czech cabinet is considering introducing a ‘war’ tax to readjust the budget balance, which has been constantly surging in the past two years (Covid shock, followed by Ukraine war shock).
  • In an interview this week, Czech FinMin Stanjura distinguish the ‘war’ tax from sector tax, stating that it will target profits not resulting from quality of services but from ‘external events’.