Czech Banks Avoid New Tax by Yielding to Premier's Fund Plan
Published on: Monday 20 May 2019
(Bloomberg) -- Czech banks have avoided a threat of special taxes for the industry by agreeing in principle to contribute a portion of their profits to a national development fund proposed by Prime Minister Andrej Babis.
News source: https://www.bloombergquint.com/politics/czech-banks-agree-to-share-profits-with-state-to-avoid-extra-tax