{"id":8629,"date":"2023-10-18T10:28:52","date_gmt":"2023-10-18T08:28:52","guid":{"rendered":"https:\/\/www.dreport.cz\/en\/?p=8629"},"modified":"2023-10-26T09:33:57","modified_gmt":"2023-10-26T07:33:57","slug":"restrictive-interpretation-for-the-application-of-the-5-tax-rate-for-sicav-sub-funds","status":"publish","type":"post","link":"https:\/\/www.dreport.cz\/en\/blog\/restrictive-interpretation-for-the-application-of-the-5-tax-rate-for-sicav-sub-funds\/","title":{"rendered":"Restrictive interpretation for the application of the 5% tax rate for SICAV sub-funds"},"content":{"rendered":"","protected":false},"excerpt":{"rendered":"<p>In its recent judgments, the Municipal Court in Prague has supported the interpretation of the tax administration and rejected the application of the 5% corporate income tax rate to sub-funds of companies with variable share capital (SICAVs) if their shares are admitted to trading on a European regulated market and meet only the conditions under Section 17b(1) of the Income Taxes Act (ITA). SICAV sub-funds qualifying for the reduced tax rate must meet the investment restrictions set out in Section 17b(1)(c) of the ITA, otherwise, they are subject to the general 19% tax rate.<\/p>\n","protected":false},"author":117,"featured_media":8631,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[3],"tags":[385,30,8],"class_list":["post-8629","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tax","tag-income-tax","tag-direct-taxes","tag-dreport-newsletter"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.dreport.cz\/en\/wp-json\/wp\/v2\/posts\/8629","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.dreport.cz\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.dreport.cz\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.dreport.cz\/en\/wp-json\/wp\/v2\/users\/117"}],"replies":[{"embeddable":true,"href":"https:\/\/www.dreport.cz\/en\/wp-json\/wp\/v2\/comments?post=8629"}],"version-history":[{"count":4,"href":"https:\/\/www.dreport.cz\/en\/wp-json\/wp\/v2\/posts\/8629\/revisions"}],"predecessor-version":[{"id":8708,"href":"https:\/\/www.dreport.cz\/en\/wp-json\/wp\/v2\/posts\/8629\/revisions\/8708"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.dreport.cz\/en\/wp-json\/wp\/v2\/media\/8631"}],"wp:attachment":[{"href":"https:\/\/www.dreport.cz\/en\/wp-json\/wp\/v2\/media?parent=8629"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.dreport.cz\/en\/wp-json\/wp\/v2\/categories?post=8629"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.dreport.cz\/en\/wp-json\/wp\/v2\/tags?post=8629"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}