One of the tools available to police investigating economic crimes is the authorisation to look into personal tax data. However, that will no longer be the case once a new tax code takes effect on January 1, and makes it impossible for anyone other than the state prosecutor to inspect such information. The situation has pitted the Interior Ministry, which wants a last minute change to the approved legislation, against the Ministry of Finance, which is standing firm on keeping the new tax code.
In the past few weeks many Czech dailies have offered their readers supplements containing practical advice on two matters of immediate concern -how to survive the economic crisis and how to file your income tax return. In the Czech Republic the end of March is the deadline for people to declare their annual income and pay their taxes. In other words, a time dreaded by one and all.
The Czech foreign trade balance last month reached its highest monthly surplus in a decade. The government has announced the privatisation of two coalmining companies. The telecommunications regulator has cut fixed-to-mobile interconnection rates. The number of tourists visiting the Czech Republic was up last year, while the number of bankruptcies was down. A poll suggests few Czechs will go choose to work in other EU countries after accession. And the governor of the Czech National Bank has called for changes in euro adoption criteria.