Economic policy
This section reports on economic policy initiatives of the Czech government, the EU, and other entities that have a direct impact on the competitiveness of the country. It also includes information on economic priorities of the AmCham and other leading associations.
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Spotlight issue
U.S. Dept of State White Paper: The European Commission's Recent State Aid Investigations of Transfer Pricing Rulings
The U.S. Department of the Treasury (“U.S. Treasury Department”) shares the European Commission’s (“Commission”) concern with tax avoidance by multinational firms. The international community, including the European Union (“EU”) and its Member States, has long recognized the need to address this issue multilaterally. For more than two decades, the U.S. Treasury Department has worked closely as part of the international community to achieve a collective solution to this global problem.
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AmCham Policy Report - August 22: How Households Spend Their Money
Last week, we detailed the difference between GDP and GNI (which calculates what is left of the GDP after netting dividend and other flows out of and into the country). That gives us the foundation for assessing what sort of prosperity is being created in the Czech Republic. The news is good. This week will we jump to the other side of the spectrum to take a look at how individual citizens are spending that prosperity.
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AmCham Policy Report - Issue 8 - August 11: Prosperity: Has there been a price for too much dependence?
Recently, AmCham participated in a workshop on the development of economy held under the guidance of the Economic Committee of the Senate of the Czech Parliament. Speakers of all shapes and stripes were present: businesses, academics, union reps, and politicians. Everyone agreed that the country was at an economic crossroad (one could argue that every country always is at a crossroad), but disagreed on what directions we could choose to take.
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