Czech tax system most bureaucratic in EU, suggests report

The Czech Republic has the most bureaucratic tax system in the European Union, suggests a report by PricewaterhouseCoopers and the World Bank. Of one hundred and seventy-eight states surveyed around the world, the Czech Republic ranked 113th in terms of tax system efficiency and 168th in terms of administrative burden – making it the worst in the EU. Czech firms spend 930 hours a year on tasks related to taxation, the study found.