Publication detail

Taxation of Capital Income in the Czech Republic

BRYCHTA, K. SVIRÁK, P.

Original Title

Taxation of Capital Income in the Czech Republic

English Title

Taxation of Capital Income in the Czech Republic

Type

conference paper

Language

en

Original Abstract

The paper describes the development of the effective tax rate of the enterprise income and the income from so-called other independently gainful activities of natural persons in the Czech Republic. The analysis covers the period from 1993 to 2009, which makes it possible to draw relevant conclusions about the development in taxation of this income type. Two categories of taxpayers are compared - the first being a single childless taxpayer, the other a family with two children, where only one spouse attains incomes. The results of the analysis that has been carried through clearly show a gradual decrease in effective tax rate for both categories of taxpayers, which, however, cannot be considered steady in the time period in focus. In connection to the first category of taxpayers it can be stated that, judged by the difference between its level in the year 1993 and in the year 2009, the amount of effective tax rate decrease is in direct proportion with the amount of tax base. In connection with the second one it can be observed that the effective tax rate decrease can be considered relatively steady for the whole interval of the tax base in focus.

English abstract

The paper describes the development of the effective tax rate of the enterprise income and the income from so-called other independently gainful activities of natural persons in the Czech Republic. The analysis covers the period from 1993 to 2009, which makes it possible to draw relevant conclusions about the development in taxation of this income type. Two categories of taxpayers are compared - the first being a single childless taxpayer, the other a family with two children, where only one spouse attains incomes. The results of the analysis that has been carried through clearly show a gradual decrease in effective tax rate for both categories of taxpayers, which, however, cannot be considered steady in the time period in focus. In connection to the first category of taxpayers it can be stated that, judged by the difference between its level in the year 1993 and in the year 2009, the amount of effective tax rate decrease is in direct proportion with the amount of tax base. In connection with the second one it can be observed that the effective tax rate decrease can be considered relatively steady for the whole interval of the tax base in focus.

Keywords

Czech Republic, effective tax rate, natural person, taxation

RIV year

2011

Released

05.01.2011

Publisher

The Institute for Business and Finance Research

Location

USA, Nevada

ISBN

1931-0285

Periodical

Global Conference on Business and Finance Proceedings

Year of study

6

Number

1

State

US

Pages from

458

Pages to

469

Pages count

12

Documents

BibTex


@inproceedings{BUT36463,
  author="Karel {Brychta} and Pavel {Svirák}",
  title="Taxation of Capital Income in the Czech Republic",
  annote="The paper describes the development of the effective tax rate of the enterprise income and the income from so-called other independently gainful activities of natural persons in the Czech Republic. The analysis covers the period from 1993 to 2009, which makes it possible to draw relevant conclusions about the development in taxation of this income type. Two categories of taxpayers are compared - the first being a single childless taxpayer, the other a family with two children, where only one spouse attains incomes. The results of the analysis that has been carried through clearly show a gradual decrease in effective tax rate for both categories of taxpayers, which, however, cannot be considered steady in the time period in focus. In connection to the first category of taxpayers it can be stated that, judged by the difference between its level in the year 1993 and in the year 2009, the amount of effective tax rate decrease is in direct proportion with the amount of tax base. In connection with the second one it can be observed that the effective tax rate decrease can be considered relatively steady for the whole interval of the tax base in focus.",
  address="The Institute for Business and Finance Research",
  booktitle="Global Conference on Business and Finance Proceedings",
  chapter="36463",
  howpublished="electronic, physical medium",
  institution="The Institute for Business and Finance Research",
  number="1",
  year="2011",
  month="january",
  pages="458--469",
  publisher="The Institute for Business and Finance Research",
  type="conference paper"
}