ARTICLE
13 February 1997

Czech News - Jan 97 - Excise Duties

Czech Republic Accounting and Audit
The following changes in excise duties are expected by the Ministry of Finance to be effective from 1 January, 1998:

  • An adjustment in the growth of excise duties rate is proposed, in order to bring Czech rates into line with minimum EU rates. This will result in an increase in particular of excise duties for fuel, beer and tobacco products.
  • New provisions should be added to prevent tax evasion.

The content of this article is intended to provide a general guide to the subject matter. It is therefore not a substitute for specialist advice.

For further information contact Paul Antrobus or Richard Fletcher, Arthur Andersen Prague, tel +42 2 2440 1300 or enter a text search 'Arthur Andersen' and 'Business Monitor'.

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