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Czech government backs taxation of church restitution

AP  |  Prague 

The new Czech minority led by populist billionaire has agreed with a proposal to the compensation that the country's churches receive for property seized by the former Communist regime.

The announced its decision today, when it also faces a confidence vote in Parliament.

The proposal came from the Communist Party, a vocal opponent of the compensation plan.

Under the plan, the nation's churches, including the Roman Catholic and Protestant churches, would get back some of their old property held by the state and they would also get USD 2.8 billion over 30 years.

Babis says the compensation is too generous and needs correction.

The move, which needs parliamentary approval, is seen as an attempt from Babis to win support from the in the confidence vote.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, January 10 2018. 18:55 IST