Analysis

Tax Certainty in CE

Survey among entrepreneurs

The perception of tax certainty represents an important aspect when deciding on the placement or expansion of investments. One of the reasons for the current decline in investments flowing into the Czech Republic can also be the reduced certainty of companies with regard to the application of tax laws and the consequent collection of taxes. What is the actual perception of tax certainty in the Czech Republic and within EMEA countries? Deloitte’s survey, entitled “Tax Certainty”, seeks to answer this question. The wider public can get an idea of how important taxpayers in the Czech Republic and other EMEA countries perceive the certainty of the tax system and tax collection.

Tax Certainty in the Czech Republic (5th edition, 2015)

During audits of entrepreneurs and companies, tax authorities focus on the traditional areas of previous years – VAT and corporate income tax. However, compared to 2014 the number of audits focusing on the setting of correct transfer prices decreased in 2015.

Tax Certainty in the Czech Republic

Tax Certainty in the Czech Republic (4th edition, 2014)

Businesses and entrepreneurs in the Czech Republic continue to perceive a high degree of tax uncertainty. While the number of respondents in the EMEA countries reporting a high degree of tax uncertainty decreased from 60% to 54.2% year-on-year, the situation in the Czech Republic remains unchanged; a high level of tax uncertainty is reported by 71% of the companies surveyed (as opposed to 70.5% last year).

Tax Certainty in the Czech Republic

Tax Certainty in EMEA Countries (3th edition, 2013)

Deloitte’s third survey focusing on tax certainty among tax payers in EMEA countries, including the Czech Republic, revealed that companies in the Czech Republic believe that greater certainty regarding the future of the tax system, its simplification, and better predictability and cooperation with tax administration are among the changes in tax legislation that would have a positive impact on business relations and competitiveness.

European Tax Survey

Tax Certainty in EMEA Countries (2nd edition, 2012)

We have prepared a brief extract of the most interesting conclusions of the survey entitled Tax Certainty in EMEA Countries Including the Czech Republic. We have focused predominantly on the comparison of the Czech Republic with Germany, Poland, Austria and Slovakia.

Tax Certainty in the Czech Republic
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