Annex
TABLE OF TARIFFS
I. INCOME TAX1
1. Normal Rate
Scale | Amount of taxable income (in Czechoslovak crowns) | Percentage applicable to the total income | Sum to be deducted from the amount resulting from the application of the percentage2 | |
Between | And | |||
1 | 0 | 6,000 | 1 | 0 |
2 | 6,000 | 8,000 | 2 | 60 |
3 | 8,000 | 13,000 | 3 | 140 |
4 | 13,000 | 30,000 | 5 | 400 |
5 | 30,000 | 40,000 | 6 | 700 |
6 | 40,000 | 60,000 | 7 | 1,100 |
7 | 60,000 | 80,000 | 8 | 1,700 |
8 | 80,000 | 90,000 | 10 | 3,300 |
9 | 90,000 | 110,000 | 11 | 4,200 |
10 | 110,000 | 130,000 | 12 | 5,300 |
11 | 130,000 | 180,000 | 13 | 6,600 |
12 | 180,000 | 320,000 | 14 | 8,400 |
13 | 320,000 | 460,000 | 16 | 14,800 |
14 | 460,000 | 650,000 | 18 | 24,000 |
15 | 650,000 | 1,200,000 | 20 | 37,000 |
16 | 1,200,000 | 2,000,000 | 22 | 61,000 |
17 | 2,000,000 | 2,800,000 | 24 | 101,000 |
18 | 2,800,000 | 3,400,000 | 26 | 157,000 |
19 | 3,400,000 | 5,000,000 | 27 | 191,000 |
20 | 5,000,000 | and over | 29 | 291,000 |
2. Temporary Surtax1
Amount of taxable income (in Czechoslovak crowns) | Percentage applicable to the amount of the normal tax | |
Between | And | |
0 | 15,000 | 0 |
15,000 | 25,000 | 30 |
25,000 | 40,000 | 40 |
40,000 | 60,000 | 50 |
60,000 | 100,000 | 60 |
100,000 | 150,000 | 70 |
150,000 | 300,000 | 80 |
300,000 | 500,000 | 90 |
500,000 | and over | 100 |
II. GENERAL TAX ON PROFITS2
notePercentage | |
Income lower than 4,000 crowns (on condition that the total income of the taxpayer, or of the head of the family in which the taxpayer lives, does not exceed the taxable minimum for the purpose of the income tax) | Not applicable3 |
Income not exceeding 7,000 crowns (subject to the restrictions mentioned above) | 0.125 |
Income not exceeding 15,000 crowns | 0.25 |
Income exceeding 15,000 crowns: | |
For the slice between 0 and 30,000 | 0.5 |
For the slice between 30,000 and 140,000 | 2.5 |
For the part of the income over 140,000 | 4.0 |
III. SPECIAL TAX ON PROFITS4
note1. Ordinary Tax
Percentage of taxable profits | |
(a) Normal rate5 | 9 |
(b) Rate applicable to agricultural and producers’ co-operatives: | |
For the slice between 0 and 20,000 crowns | 2 |
For the slice between 20,000 and 50,000 crowns | 3 |
For the slice between 50,000 and 100,000 crowns | 4 |
For all amounts over 100,000 crowns | 5 |
(c) Rate applicable to savings banks, welfare and educational establishments: | |
For the slice between 0 and 20,000 crowns | 1 |
For the slice between 20,000 and 50,000 crowns | 2 |
For the slice between 50,000 and 100,000 crowns | 3 |
For all amounts over 100,000 crowns | 4 |
(d) Rate applicable to mutual insurance companies: | |
One per mille of the total net premiums received. |
2. Excess Profits Surtax
(a) Rate applicable to share companies, limited partnerships with share capital, mining companies, partnerships with limited liability: | |
For profits between 6 and 8 per cent of the statutory capital | 2 |
For profits between 8 and 10 per cent of the statutory capital | 3 |
For profits between 10 and 12 per cent of the statutory capital | 4 |
For profits between 12 and 14 per cent of the statutory capital | 5 |
Over 14 per cent of the statutory capital | 6 |
(b) Rate applicable to agricultural and producers’ co-operatives: | |
For profits between 6 and 8 per cent of the corporate capital | 2 |
For profits between 8 and 10 per cent of the corporate capital | 3 |
Over 10 per cent of the corporate capital | 4 |
3. Liquidation Surtax
Four per cent of the corporate excess as existing at the time the enterprise is put into liquidation.
IV. LAND TAX.1
noteForests: 2 per cent of the cadastral income multiplied by 20, plus 1 ½ per cent as special increase.
Other land: 2 per cent of the cadastral income multiplied by 17, plus 1 ½ per cent as special increase.
V. TAX ON BUILDINGS
1. Tax on Rents.1
notePercentage of the rents or rental value | |
Prague, Brno, Bratislava | 12 |
Other localities | 8 |
2. Classified Tax.2
noteCategory of the building | Number of rooms | Amount of tax (in Czechoslovak crowns) |
I | 1 | 5 |
II | 2 | 10 |
III | 3 | 15 |
IV | 4–5 | 30 |
V | 6–7 | 50 |
VI | 8–9 | 70 |
VII | 10–11 | 90 |
VIII | 12–13 | 120 |
IX | 14–15 | 150 |
X | 16 | 170 |
For each further room | 20 |
VI. TAX ON CAPITAL YIELD3
notePer cent | |
1. When the tax is paid directly | 3 |
2. When the tax is paid by withholding at the source: | |
(a) Normal rate | 6 |
(b) Special rates: | |
Annuities paid as compensation for the taking over of certain enterprises by the State | 10 |
Interest on bonds issued by public corporations which are authorised to levy surtaxes | 4 |
Interest on savings deposits with agricultural or producers’ co-operatives, mutual mortgage banks, etc | 3 |
Interest on mortgage bonds and debentures issued by mortgage banks and savings banks, etc | 1 |
VII. TAX ON DIRECTORS’ PERCENTAGES1
note1. Normal Tax
Ten per cent of the percentage, if the total amount of such percentage distributed by the company exceeds 5,000 crowns.
2. Temporary Surtax
Percentages distributed by a company are subject to a surtax of 100 per cent of the normal tax when they are in excess of 50,000 crowns, but not of 150,000 crowns; when they exceed the latter sum, the surtax amounts to 150 per cent of the normal tax.
VIII. TAX ON HIGH SALARIES2
noteThree per cent of salaries in excess of 100,000 crowns per year.
IX. SURTAXES COLLECTED ON BEHALF OF PUBLIC CORPORATIONS OTHER THAN THE STATE3
noteThe general and special taxes on profits, taxes on buildings, on land, on capital yield and on high salaries are subject to surtaxes collected on behalf of the provinces, districts and communes. The maximum of these surtaxes is determined as follows:
Percentage of the basic tax | |
1. Provincial surtaxes | 160 |
2. District surtaxes | 150 |
3. Communal surtaxes | 250 |
Exceptionally | 350 |
Further, the taxes are subject to a 7 per cent increase representing the sanitary surtax, which is collected by the State, and in the Province of Bohemia there exists also a school-tax amounting to 10 per cent.
The taxes on profits are also subject to surtaxes in favour of the chambers of commerce, whose rates vary up to 15 per cent of the basic tax.