Corporate tax

This chapter was last updated in December 2005.

Contents

• General principles
• Overview of the Czech tax system
  • Registration
  • Tax period & filing deadlines
  • Assessments
  • Appeals
  • Payment & collection
  • Withholding tax
  • Tax securement
  • Tax audits
  • Statute of limitations
  • Penalties
• Overview of tax-deductible costs
• Accounting procedures
• Taxation of foreign entities
  • Permanent establishments
  • Czech source income
• Restructuring strategies and their tax implications
• Transfer pricing (arm's length principle)
• Thin capitalisation
• Summary of key points for tax planning