Direct taxes
Content of the course builds on knowledge gained in basic financial accounting courses. In addition, it specifies the various issues of direct taxation in the Czech Republic from the perspective of entrepreneurs - both physical and legal persons. Particular attention is paid to the provisions of the Income Tax Act as the main direct tax influencing business in the Czech Republic. An integral part of the course is also analysis of social and health insurance and other direct taxes (road, property), their reporting and their link to the accounting.
Teacher(s)
Syllabus
Thematic plan of tutorial:
Theme
1 Legal regulation of direct taxes in the Czech Republic, tax system, law on income tax, its structure, taxable income, income exempt from tax, taxation of income from dependent activity, advance and withholding tax, annual tax settlement,
2 Legal regulation of health and social insurance in the Czech Republic and the EU, taxpayers, rates, deadlines, reports
3 Taxation of income from business and other self-employed activities, distribution of income among cooperating persons, tax records,
4 Tax expenses (costs), tax (accounting) depreciation, non-tax expenses (costs),
5 Taxation of income from capital assets, rent and other income, corporate income tax, differences from personal income tax
6 Acquisitions, mergers and their tax implications
7 Transfer prices, risks
8 Taxation of international income, double taxation treaties, tax returns for personal income tax and corporate income tax
9 Deductible item for research and development, investment incentives
10 Road tax, structure of the law, tax returns
11 Real estate tax, structure of the law, tax returns
12 International tax planning, prospects for the future
