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 12%, with the standard rate maintained at 21%. Further amendments that have been agreed to include: Allowing companies to keep accounts in a foreign currency from 1 January 2024, including in EUR, USD,...