Taxation of international executives
Personal income tax is imposed on the income of individuals. Individuals who have a permanent residence in the territory of the Czech Republic, or who usually reside in the Czech Republic, are liable to pay tax on their worldwide income unless a double taxation treaty stipulates otherwise. Non-residents are liable to pay tax on income generated from sources in the Czech Republic. The aggregate income is taxed at a flat rate of 15 percent (in case of employment income applied to a super-gross salary). The tax year for individuals is the calendar year.
The official currency of the Czech Republic is the Czech Koruna (CZK).
Herein, the host country refers to the country to which the employee is assigned. The home country refers to the country where the assignee lives when he/she is not on assignment.
© 2018 KPMG Baltics OÜ, an Estonian limited liability company and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (KPMG International), a Swiss entity. All rights reserved.