Competitiveness
This section feature research, opinion and progress reports on how the Czech Republic compares to other EU countries economically. It includes analysis of international rankings such as the WEF and World Bank.
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Spotlight issue
The Ministry of Finance presents tax update to AmCham members
On October 4, the AmCham hosted a tax policy roundtable with Stanislav Kouba, a director of Income Tax Department from the Ministry of Finance. Mr Kouba presented tax update on the digital economy, research and development tax allowance and new tax tool – tax data information box (daňová informační schránka). What is a stance of the Czech Republic, particularly the Ministry of Finance, toward taxation of the digital economy? Does the Czech Republic take into account (rather restrained) attitudes of other EU member states? How could the system of tax data information box be enhanced? Is it possible to facilitate procedure of the research project submission in advance to apply for the tax allowance support?
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e.15.cz: IBM has opened a laboratory of artificial intelligence in Prague, technology can recognize the emotions of clients
The IBM technology company has opened a laboratory for the development of artificial intelligence solutions in Prague. Watson iLab will deliver solutions to businesses across Europe, e.15.cz writes.
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Czechs Save for New Housing the Longest in Europe
The availability of housing in the Czech Republic is the worst compared to selected countries in Europe. On average, a new flat amounts to 11.3 multiple of an average annual income. The period is even longer than in Great Britain (9.8) where nominal property prices are by far the highest. The easiest way to new housing is in Belgium (3.7 of annual income). These are the findings presented in the latest Deloitte Property Index 2018.
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