Czech Republic - New package of tax measures announced in the Czech Republic

Global Watch ()

The Czech government announced a new package of measures for the years 2013-2015 aimed at keeping the state budget deficit below 3% of the gross domestic product.

The package focuses on the increase of individual income tax and health insurance contributions for both the employee and employer.

The measures will lead to significant cost increases, though from a low base, for employing assignees in the Czech Republic.