The flat tax ( paušální daň) was introduced by the Czech govt. in 2021. Taxpayers who apply for a flat tax only must pay the tax office a total monthly amount of about CZK 65,000 per year in total. This amount will change slightly each year. In 2021 it is CZK 5,469 per month. Penalties related to tax. Delayed filing of the tax return: 0.05 % of tax assessed, 0.01 % of tax loss, max. 5% or CZK 300,000. Delayed payment of the due tax: the CNB’s annual repo rate at the first day of the relevant calendar half-year increased by 8%. Delayed or missing registrations at tax authorities: up to CZK 500,000. the flat tax rate, the abolition of the solidarity surcharge and the reintroduction of progressive taxation with a marginal rate of 23% for income over CZK 1.7m annually. Furthermore, a special tax base with a rate of 15% is introduced for selected types of non-Czech investment income (e.g. dividends and interest from abroad). The government wants to avoid tax increases on income, You have two days left to register for the flat-rate tax. 186 00 Czech Republic. IČO: 27572102, DIČ Capital income is defined in § 8 of the Income Tax Act (hereinafter referred to as "ITA") and is taxed at a rate of 15% (or 23% if the statutory threshold is exceeded, which for 2022 was CZK 1,867,728 and in 2023 increases to CZK 1,935,552). Income of individuals is classified as a capital income if it is not employment income (§ 6), business Czech Republic 23: 23: Dec/22 % Denmark 56: 55.9: Dec/22 % Estonia 20: 20: Dec/22 % List of Countries by Personal Income Tax Rate - provides a table with the 4.2 Tax on capital gains on the disposal of shares in a company owning real estate. Proceeds subject to income tax. Individuals exempted if time period between buying and selling of shares exceeds five years. Income tax rate: 19% (corporations), 15% (individuals). Companies (tax residents of the Czech Republic and the EU) exempted if selling at Rates – The standard VAT rate in Czech Republic is 20% and the reduced rate is 10%. Taxable transactions – VAT is levied on the sale of goods and the provision of services. VAT is levied on imported goods at the same rates as domestic goods. Exported goods to non-EU countries are an exempt supply. 5eSYM.