Poll: Czech corporate tax regime least attractive in Europe

14-01-2008

The Czech corporate tax regime is one of the least attractive in Europe, according to a survey conducted in 28 European countries by the KPGM agency. In the poll, more that 400 tax professionals across the continent compared their country’s taxation system to the rest of Europe. The Czech Republic, Greece and Romania ranked bottom of the ladder due to extensive and complicated legislation as well as frequent changes to the tax system. Czech respondents in the poll also complained that the Czech authorities lack clarity and comprehensibility when interpreting Czech tax legislation.