In Czech Republic, pending legislation has approved by the Senate would give the following tax rates for investment funds:
- On investment funds -5% corporate income tax rates
- On payment of profit shares -15% withholding tax rates
Investors which are legal entities and fulfill the conditions under the directive on taxation of parent companies and their subsidiaries would be approved to demand a relief from tax on these equity investments.
According to the sale of securities, the income tax relief would be extended from 6 months to 3 years and available for individuals. In 2014, land transfer on which structures or underground utilities have been steeped would be subject to the same VAT regime as transfers of buildings.
