Higher receipts in all forms of taxation recorded in 2016

08-01-2017

The Czech authorities saw increased receipts in all forms of taxation last year. According to figures just released by central agency the Financial Administration and quoted by the Czech News Agency, value added tax receipts reached nearly CZK 350 billion in 2016, an increase of CZK 18 billion on the previous 12-month period. Income tax jumped by CZK 17 billion to CZK 164.7 billion. The tax authorities have also seen higher company tax and levies from lotteries.