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Press: Government eyes far higher tax revenues from Google and Facebook

The Czech government aims to obtain much more revenue in taxation from the likes of Google and Facebook, Hospodářské noviny reported on Thursday. Under a planned new digital tax scheme, the huge multinationals would be forced to pay taxes in the place they make earnings, in this case the Czech Republic, the business daily said.

 
 
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Revised GDP data show Czech economy…

The Czech economy grew 2.8 percent year on year in the final quarter of 2018, above market expectations, revised data…

 
 
Business
 
 

Taximeters, roof lights and knowledge…

The Czech government has just approved a bill under which the providers of taxi services would no longer be required to…

 
 
Business
 
 

Annual EC report warns of growing…

The Czech Republic’s continued economic growth offers an opportunity to intensify its structural reforms, suggests the…

 
 
Business
 
 

Škoda unveils new SUV named the Kamiq

Just before the start of the 2019 Geneva Motor Show, Czech automobile manufacturer Škoda Auto has unveiled its new SUV…

 
 
Business
 
 

Will arrival of fourth operator help…

The relatively high cost of mobile data in the Czech Republic has been in the headlines after a minister suggested…

 
 
Business
 
 

Growing number of Czechs use…

The Czech Republic is one of the leading countries in Europe for contactless card payments, the news site e15.cz on…

 
 
Business
 
 

Czech JV of Sourcefabric, MDIF buys…

Holding company Czech Media Invest (CMI) has sold the Polish radio station group Eurozet it acquired last year to…

 
 
Business
 
 

Czech textile companies report…

Czech textile and clothing companies have reported a growth in sales for the ninth consecutive year, the daily…

 
 
Business
 
 

Press: Battle for EU structural funds…

Czech officials are gearing up for negotiations with European Commission representatives on how much money the Czech…

 
 
Business
 
 

Press: Czech economy sees slowest…

Czech economic growth in 2018 slowed to 3 percent, down from 4.5 the previous year, according to data released by the…

 
 
 
 
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