Tax for Refineries Heads for Approval, Other Sectors Are Spared for Now
7 Articles
7 Articles
The government's proposal for an extraordinary tax on refineries is heading for final approval after its second reading in the Chamber of Deputies on Friday. MPs could decide on it at a meeting starting on November 24. The opposition has submitted about three dozen amendments, some of which are unrelated to the tax itself. The coalition, on the other hand, has not come up with any proposal to extend the extraordinary tax to other sectors, despit…
The Ministry of Finance wants to collect 5.5 billion crowns by introducing an extraordinary refinery tax. The tax, which will affect the only company in the Czech Republic, the petrochemical group Orlen Unipetrol, will be discussed in the Chamber of Deputies on Tuesday, November 24. However, some deputies proposed amendments on Friday that...
According to the opposition Civic Democrats, by introducing sectoral taxes, the government is creating an unpredictable environment for future investments and further development of the economy, thereby damaging the image of a functioning country. At a press conference before the Chamber of Deputies' meeting on the introduction of an extraordinary tax on refineries, ODS Chairman Martin Kupka said this today. According to him, people will ultimat…
Prague - The government's proposal to introduce an extraordinary tax for refineries is heading for final approval in the Chamber of Deputies after today. It could take place at the next regular meeting, which will begin on Tuesday, November 24. The opposition has signed up to three dozen amendments, some of which are not related to the refinery tax. No coalition proposal to extend the tax to other sectors was heard today. In the third reading, d…
The extraordinary tax that the government of Andrej Babiš (ANO) wants to impose on oil refineries will ultimately be paid by Czech motorists, according to the opposition. ODS, Pirates and Starostové warn of higher fuel prices, reduced investment and a loss of competitiveness of Czech industry. Opposition parties criticize in particular the fact that the tax will actually affect only one company, ORLEN Unipetrol. The government's proposal is expe…
MPs are meeting on Friday for the second reading of the government's proposal to introduce an extraordinary tax on refineries. According to the government, the reason for its enactment is the growth of refinery margins due to the situation on the world oil market. The tax will probably only affect the refineries in Kralupy nad Vltavou and Litvínov, which are owned by Orlen Unipetrol.
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