This year’s Tax Freedom Day to come on June 2

This year’s Tax Freedom Day in the Czech Republic falls on June 2nd, according to the Prague-based Liberal Institute, referring to estimates by the OECD. Tax Freedom Day is the day in the year when the average Czech has earned enough to pay his annual tax bill. This means that people’s entire earnings in the first 153 days of the year will be paid to the authorities, which is the lowest figure since 2000, while anything earned after that is theirs alone. This year, the Tax Freedom Day comes three days earlier than last year, and four days later than the OECD average.

Author: Ruth Fraňková