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Czech coalition agrees 5% digital tax aimed at global internet giants as of Jan 1, 2021

The Czech Republic will introduce a 5% digital tax on the local revenues of global internet giants.

Source

  • Prague News
  • GlobalVATCompliance: The Czech government has long planned to impose the tax on firms with global revenue over 750 million euros ($853 million)annually, 100 million crowns ($4.28 million) turnover in the Czech market and more than 200,000 user accounts
  • KPMG

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