Gradual abolition of withholding tax
In connection with the introduction of the Uniform Monthly Employer Report, changes are also being made to taxation, specifically the withholding tax on income from dependent activities is being gradually aboli…
The development of the concept of “income” in the case law
Act No. 586/1992 Coll., on Income Taxes (ITA) does not contain a clear general definition of the term “income” and is limited to the description of individual specific forms of income. This article analyzes the…
What changes will 2026 bring to individuals and employers
A number of changes will come into effect at the beginning of 2026. We have prepared a summary of the major news related to personal income tax and the employment of foreigners. In the article, you will also fi…
Other upcoming changes to legislation related to the taxation of income from ESOPs
At the end of June, the Chamber of Deputies approved further changes to the taxation of income from employee share or option plans (simply referred to as ESOPs or employee shares) as part of the amendments a…
Notice of intent to defer taxation of ESOP income: Optional form and first filing due by May 20
The Tax Administration has prepared an optional form that can be used to submit a notice of intent to defer taxation of income from employee stock ownership plans (ESOPs).
Changes in ESOP taxation effective from April 1, 2025. The GFD has prepared information on the topic
On March 27, 2025, a law was announced in the Collection of Laws which will change the mandatory deferred taxation regime of income from employee stock options plans to an optional regime starting from April …
Changes in taxation of ESOP income likely effective from 1 April
On 26 February 2025, the Senate approved a bill that will make the currently mandatory regime of deferred taxation of income from Employee Stock Ownership Plans (ESOPs) optional. As the President did not sign t…
Amendments in 2025 in the field of personal income tax
At the beginning of the year 2025, several changes in the area of personal income taxation came into effect, and in the coming days and weeks, additional changes will come into effect. Below you will find a bri…
The CZK 40 million limit for the exemption of income from the sale of shares and securities will apply from 1 January 2025
Until 31 December 2024, the income of natural persons from the sale of securities and shares in business corporations is fully exempt from the personal income tax if the “time test” is met, i.e. 3 years for sec…
Proposal to introduce an optional deferred tax regime for ESOP income
On 24 October 2024, a further amendment to the Income Tax Act (ITA) relating to the taxation of income from Employee Stock Ownership Plans (ESOPs) was submitted to the Chamber of Deputies by Amendment No. 5239 …