In today’s business news: A debate on tax reform has been postponed due to a dispute over flat expense deductions between the prime minister and the finance minister, the bankrupt betting giant Sazka is to be sold in a public tender, grocery chains launch online discount coupons, the Czech Tourism agency announces a campaign targeting gay and lesbian travelers, and an American journal finds that Czech banknotes have some of the world’s highest levels of a potentially dangerous chemical.
Debate on tax reform postponed due to dispute over flat expense deductions
A debate on tax reform was put back two weeks on Wednesday, in part due to a dispute between Prime Minister Petr Nečas and Finance Minister Miroslav Kalousek over a proposed reduction in the flat expense deductions of self-employed workers. The prime minister said it was clearly stated in the cabinet’s policy program that the overall tax burden of those who are self-employed would not be raised. Mr. Kalousek argued that the Czech Republic’s policy regarding flat expense deductions is unparalleled in Europe. He added that in this country, claimable deductions far exceed the actual expenses of self-employed persons.
Bankrupt betting giant Sazka to be sold in public tender
Czech outlets of grocery chains launch online discount coupons
Czech Tourism campaign to target LGBT tourists
Czech Tourism is preparing a marketing campaign promoting the country as a destination for lesbian and gay tourists. In addition, Czech Tourism also wants to attract young travelers interested in a romantic get-away as well as those looking for a location to get married. The campaign will mostly use print and online media, the head of the agency’s marketing department said. According to Czech Tourism’s director Rostislav Vondruška, gay and lesbian tourists account for ten percent of travelers worldwide. This week, the first gay and lesbian pride festival to be held in the Czech capital, Prague Pride, will also bring homosexual and bisexual tourists to the city.