Czech Finance Chief Says He Is Ready to Debate Windfall Tax Idea

Czech Finance Minister Zbynek Stanjura says he is prepared for a debate about a potential windfall tax, but added that it’s not clear whether such discussions will lead to a concrete legislative proposal.

• Some industries have extraordinary profits at present that aren’t due to innovation and new products, but are caused by special circumstances, Stanjura says, mentioning the dominant power producer CEZ as an example
• “It’s something that’s being discussed,” the minister says when asked about a windfall tax in a debate streamed on the website of Echo24 magazine
• He wants to talk about the pros and cons and all ...