Money laundering and tax evasion appear to be two reasons Czech citizens establish companies in offshore destinations. Of that stream, large chunks of the money is illegal and the people who benefit from it include politicians, fraudsters and drug traffickers as well as billionaires, celebrities and sports stars from many countries. The offshore business specializes in looking the other way and pushing right up to the edge of international law, sometimes beyond, so there is not much public information on how the system works. New insight has been provided by the Panama Papers, The small Czech Republic looms large on the global scale of offshore business schemes. More than a quarter-million documents in the Mossack Fonseca trove have a Czech connection, while nearly Czech clients and shareholders appear in the Panama Papers.
Czech Republic: History and Nowadays
Czech Republic - Term Paper
In: Business and Management. I will first introduce the country with detailed information on the Czech history from past to present. Then, I will talk about their economy during communism and post-communism. This will show how the country and its economy has changed dramatically during and after communism.
Living in the Czech Republic
Size: approximately 78 km2 population 10 million people geographic position — country located in central Europe Head of state: President Capital: Prague Official language: Czech Czech Republic is divided in three parts: Bohemia, Moravia and Silesia, collectively often called the Czech Lands. Czech Republic is landlocked country. The country is bordered by Poland to the north and northeast, Slovakia to the east, Austria to the outh, and Germany to the west and northwest. The highest point in the Czech Republic, Mount Sn? Prague is set on the Vltava River.