Employers, as they proceed with employee taxation compliance for 2016, need to be aware of the continued application of the 15% individual (personal) income tax rate on the “super-gross salary” and the 7% solidarity tax surcharge.
Also, employers will need to conduct the year-end tax settlement for 2015 on behalf of those employees whose incomes do not exceed the threshold amount.
Read a December 2015 report prepared by the KPMG member firm in the Czech Republic: Tax and Legal Update
Other topics discussed in this report concern:
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