The amendment of the Income Taxes Act No.: 216/2009 Coll. put into Art. 36 a new subsection 7, which enables tax payers – nonresidents of the Czech Republic to replace taxation by withholding tax with procedure of filing the tax returns and therefore they can reduce their tax base by related expenses/costs:
On 12th May 2010, the Ministry of Finance of the Czech Republic arranged traditional meeting with delegates of legal entities, which contributed to the national budget the most significant way in 2009.
