Preparation of the New Income Tax Act in the Czech Republic
| Autoři | |
|---|---|
| Rok publikování | 2010 |
| Druh | Kapitola v knize |
| Fakulta / Pracoviště MU | |
| Citace | |
| Popis | The chapter deals with the currently ongoing preparation of the new text of the Income Tax Act. A simplification of the legislation is the main objective of the new Income Tax Act, which, however, began to be prepared before the outbreak of the economic crisis. A simplified and well-organized system should reduce the costs incurred by entrepreneurs on the performance of the duties assigned to them by the Income Tax Act. The text is a reference to the basic principles on which the new adaptation is based on. The main conceptual changes are prepared in the area of exemption of other incomes for personal income tax, then consideration of public companies as a transparent entity and incorporation of inheritance and donation as the subject of income tax. Transfers of property ownership taxation will be changed too. |