Abstract
Act no. 261/2007 Coll., on the stabilization of public budgets was passed last year. This act came into effect on 1st January 2008. The Act on the Stabilization of Public Budgets is the group of legal rules which are concerned with taxes including environmental taxes, social area (especially state social support, living and subsistence minimum, system of sickness insurance, wages of state employees and employment) and with the area of public health insurance and the activities of health insurance companies.
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