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Nearly 10% of the population of the Czech Republic is on the verge of poverty 28.3.2019

According to statistics last year, housing costs averaged CZK 5,706 per month per family, which is approximately 15.9% of total income. However, more than 40% of their net income is spent on housing, including electricity, by 10% of families.

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Tax

In the European countries, the tax system is generally divided into direct taxes linked to the entity’s income and indirect taxes related to consumption or acquisition of goods and services.

Each type of tax is set out in a specific law.

Taxes imposed onĀ individualsĀ or legal entities:

  • Corporate Tax
  • Income tax (for individuals)
  • Wage tax
  • Property tax
  • Property transfer tax
  • Road tax
  • Inheritance tax
  • TV and radio tax
  • Value added tax
  • Excise duty

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