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Czech Government Approves Amendments to Recovery Package — Orbitax
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Czech Government Approves Amendments to Recovery Package

|Proposed Changes|Czech Republic
Czech Republic

The Czech Ministry of Finance announced on 23 August 2023 that the coalition government has agreed on amendments to the recovery package proposed earlier in the year. As previously reported, the package includes several important measures including an increase in the corporate income tax rate from 19% to 21% and the merger of the 10% and 15% reduced rates of VAT into a single reduced rate of 1…

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