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Czech Parliament Resolves VAT Increase

Published: December 21, 2012; 00:23 · (Vindobona)

After months of controversies, the Czech Chamber of Deputies approved the government´s taxation plans.

Czech Parliament Resolves VAT Increase / Picture: © Vindobona.org

 

The Czech governing parties overruled the veto by the senate and resolved the VAT increase. Thus, the tax increases from 20% to 21% and from 14% to 15% respectively. 102 members of the Chamber of Deputies were in favor of the tax increase. The minimum is 101 votes. Now, President Vaclav Klaus has to ratify the law.

In the first round, the government did not get enough…

This article includes a total of 227 words.

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