Monday, October 18, 2021

Fuel/Electric Tax in Czech Temporarily Cut?

 May be a shocker to some, but late today.....it's reported that the Czech government sales tax (VAT) for gas and electricity will be cancelled out for November/December....because of the rising cost.

Cost factor?  It's a loss in the range of 75 to 80 million Euro for the country.  

A done deal?  Well....they actually have to have permission of the EU....so it's not guaranteed.  I would imagine they will freak out a bit over this.

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