CZECH

Czech Government plans to increase gambling taxes

The Czech Finance Ministry has proposed levying a higher consumer tax on tobacco, spirits and gambling, Radio Praha informs.

The tax on cigarettes and tobacco should go up by 10 percent, that on spirits by 13 percent. Certain forms of gambling should also see a tax increase from 23 to 25 or even 30 percent. All gambling tax rates in the country are currently 23 percent of GGR, with the exception of a 35 percent tax on gaming machines.

The proposed hikes would increase state revenues by approximately 10 billion crowns a year. If approved the amendment to the law would come into effect as of January 2020. The bill was published by The Ministry of Finance last week.

 

 

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