Government counting on collecting windfall tax this year and the next

The government is planning on collecting almost 70 billion in windfall tax this year and next, Czech Television reported citing government sources. The national broadcaster said that according to its findings, some companies subject to windfall tax did not expect to be burdened with the tax this year. As the biggest electricity producer in the country, the semi state-owned power utility CEZ pays by far the most in windfall profits tax. Last year it accounted for thirty out of forty billion crowns collected.