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Czech Republic Planning 60% Windfall Tax on Energy, Banking, and Mining Sectors

|Proposed Changes|Czech Republic
Czech Republic

The Czech Ministry of Finance has announced the introduction of a draft law for a proposed 60% windfall tax based on rules recently agreed to by EU Energy Ministers. The 60% tax will be levied on exceptionally profitable companies in the sectors of energy production and trading, banking, fossil fuel extraction, and production and distribution of petroleum and coking products for a period of th…

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