Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Czech Senate Panel Advises Rejecting Tax Rise, CTK Says

The Czech Senate’s committee for the economy recommended that the upper house of parliament reject a government bill that raises taxes starting next year, CTK newswire reported, citing the result of the panel’s session.

The Senate, in which the opposition Social Democrats hold a majority, will debate the legislation starting on Aug. 15. The government can overturn the Senate vote in a new ballot in the lower house of parliament in Prague.

The Cabinet is seeking to increase the value-added tax rates and create a new income-tax bracket for high earners in a bid to reduce the fiscal deficit to less than the European Union’s limit of 3 percent of gross domestic product next year.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.