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CzechRep has above-average taxes on labour, capital in EU --EC.
(From Czech News Agency)
(adds last 3 para, table)
BRUSSELS, Oct 21 (CTK) - The Czech Republic has above-average taxes on labour and capital among the EU countries, while its excise duties are lower than is usual in the EU, and in Slovakia all types of taxes are lower than the EU average, according to a new study of the EU and Eurostat for 2003.
The overall tax burden stands at 36.2 percent of GDP in the Czech Republic and at 30.6 percent of GDP in Slovakia. Compared with the EU average at 40.3 percent of GDP, taxes in both countries are low at first sight.
The EC has decided to compare also effective tax rates which take into account all …
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