Taxation in the Czech Republic

1. Autorem materiálu a všech jeho částí, není-li uvedeno jinak, je Mgr. Radka Nováková. Dostupné z Metodického portálu www.rvp.cz, ISSN: 1802-4785.  Provozuje Národní ústav pro vzdělávání, školské poradenské zařízení a zařízení pro další vzdělávání pedagogických pracovníků (NÚV).

2. Taxation in the Czech Republic

3. Revise your knowledge • What do you know about taxation? • How is the monetary fund provided by taxation used? • Could you name any state services?

4. Taxation • a charge imposed on a legal entity or an individual by a state or another equivalent of a state • taxes are paid in money / levied in money • provide monetary fund / state revenues

5. Monetary fund is used to carry out the functions of the state: • operations and processes of the government • economic infrastructure • public works • military defence of the state • keeping public order • enforcement of law • fund welfare • public services

6. Public services • healthcare • education • emergency services • postal services • insurance • public transportation • energy and water infrastructure • waste management • sewer system • retirement pensions, unemployment benefits

7. Taxation in the Czech Republic based on: • the principles of fairness, simplicity of laws and efficiency of the administration of taxes and social and health insurance contributions • the principle of solidarity and protection of the environment

8. tax resident usual residence legal entity consumption tax excise tax register for liberal profession freelance tax return hire out daňový rezident stále bydliště právnická osoba všeobecná spotřební daň spotřební daň zapsat se svobodná profese nezávislý/ na volné noze daňové přiznání pronajímat ( komu) Try to guess the meanings

9. Who are tax residents? • persons with the permanent address in the Czech Republic • persons who spend in the Czech Republic min 183 days continuously • persons who spend in the Czech Republic intermittently any calendar year • legal entity which has a seat or a place of management in the Czech Republic

10. Tax payers have to pay: • Value Added Tax • General Consumption Tax • Excise Tax • Personal Income Tax • Corporate Income Tax • Real Estate Tax • Real Estate Transfer Tax • Inheritance Tax • Gift Tax • Road Tax

11. Personal Income Tax • income from employment, business activities, liberal professions,freelance jobs, from capital, leasing, hiring out, from forestry and agricultural production • taxed at source interest on savings deposits and dividends • non-taxed sickness benefits, old age pensions

12. Tax returns • tax returns and tax payment should be received by the tax office by a fixed date • in the Czech Republic by March 31 of the year following the taxable period • tax return prepared by a tax consultant - by June 30

13. Excise tax • is levied in the form of a fixed tarrif for each unit on: • petrol and its derivates • tobbaco products • beer, wine, spirits, on alcohol • special government stamps are used Obr. 1

14. Road Tax • is levied on all motor vehicles that are used for business purposes ( except for tractors and diplomatic cars) Obr. 3 Obr. 2 Obr. 4

15. Tasks for you • Who are tax residents in the Czech Republic? • What kind of taxes do they have to pay? • When should be the tax return submitted to the Tax Office?

16. Zdroje: • ZAVÁZALOVÁ, Vladimíra; LUKÁČOVÁ, Alena. Angličtina pro veřejnou správu. Plzeň: Aleš Čeněk, 2007, ISBN 978-80-7380-057-4. Zdroj obrázků 1 – 4: • Galerie MS Office Klipart