Czech Cabinet Plans Tax Changes to Help Growth, Hospodarske Says

The Czech government plans a series of tax changes to help restore economic growth, Hospodarske Noviny reported, citing Deputy Finance Minister Ladislav Mincic.

The Cabinet wants to allow faster depreciation of assets, expecting the measure to encourage investments, and abolish the income tax on dividends one year earlier than initially planned, the newspaper said.

To contact the reporter on this story: Peter Laca in Prague at placa@bloomberg.net

To contact the editor responsible for this story: Balazs Penz at bpenz@bloomberg.net

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