Czech MP: Reforms see corp tax at 19 pct by 2010

...spending reforms approved by the government sees the corporate tax rate falling to 19 percent by 2010.

Tlusty also told Reuters in a brief interview in the halls of the lower house after being briefed on the package of reforms approved by the cabinet late on Monday that they set a single, unified personal tax rate of 15 percent.

The current corporate tax rate is 24 percent, while personal tax rates range from 12 to 32 percent, depending on income levels.

Tlusty said the tax plan, which has been kept closely guarded and is to be unveiled by the prime minister later in the day, sees no changes to capital gains and dividend taxes for the time being.