US wants tax exemption for radar base contractors

Prague - The US negotiators, whose job is to ensure that the treaty on presence of the American soldiers on Czech soil is in their favor, have come up with a compromise. The treaty on the US army presence in the Czech Republic is part of the deal on the US missile defense system. The first part of the treaty has been signed by US State Secretary Condoleezza Rice on July 8. Read more: Just how tough were the US-Czech radar talks? Read more: US and ČR sign missile defense treaty in Prague One more chapter is incomplete - the section dealing the issue of taxes. According to a source from the Czech Defense Ministry, the US has put forward a following proposal - if the tax issue is dealt with in the same way like in treaties with other countries, the Czech Republic could be offered certain compensation and offset loans. "This... [read full story]                    

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