Act No. 212 / 1992 Coll.
Tax system law
Valid
Effective from 01.01.1993
212
THE LAW
of 15 April 1992
on the tax system
The Federal Assembly of the Czech and Slovak Federal Republic decided on this law:
(1) The system of taxes in the Czech and Slovak Federal Republic consists of:
1. Value added tax including import tax.
2. Taxation of consumption, namely
(a) taxes on hydrocarbon fuels and lubricants;
(b) alcohol and distillate duty,
(c) beer duty,
(d) wine duty;
(e) tax on tobacco and tobacco products.
3. Income taxes:
(a) income tax on natural persons;
(b) corporation tax.
4. Real estate tax.
5. Road tax.
6. Tax on inheritance and donation.
7. Tax on real estate transfer.
8. Taxes to protect the environment.
(2) Taxes other than those referred to in paragraph 1 may not be fixed.
(1) The Federal Assembly Act provides for value added tax, including import tax, excise duty and income tax.
(2) In the case of income taxes, the Federal Assembly law regulates the collection of taxpayers, the subject matter and the tax base and the initial tax rate, including the extent of possible deviations in the construction of such taxes in both Republics.
(3) In the case of excise duties, the Federal Assembly law also regulates the extent of possible derogations in the rate of such taxes.
(1) The taxpayers with their registered office or residence abroad have uniform tax obligations in the Czech and Slovak Federal Republic. The arrangements for excluding double national and international taxation are uniform.
(2) Real estate is subject to taxation in the Republic in which it lies.
(1) The tax period shall be a calendar year; derogations may be provided for by the applicable law.
(2) The tax may not be levied or enforced after three years from the end of the calendar year in which the payer or the payer was obliged to submit a return or report, or, where applicable, the debtor may reduce the tax or advance on that tax.
(3) Where an action to measure or recover tax is carried out within that period, the period of measurement or recovery shall run again from the end of the calendar year in which the payer or the debtor was informed of that action; However, the tax may be levied and recovered no later than 10 years after the end of the calendar year in which the taxpayer or the payer was obliged to submit a return or report, or, where applicable, the debtor may reduce the tax or advance on that tax.
(4) Where, in the State in which the taxpayer has his registered office or residence, periods longer than those referred to in paragraphs 2 and 3 are fixed for the purposes of measuring or recovering the tax, the time limits laid down in that State shall apply to him.
This Law shall take effect on 1 January 1993.
Havel v. r.
Dubček v. r.
CHF
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Regulation Information
| Citation | Act No. 212 / 1992 Coll., on the Tax System |
|---|---|
| Regulation Type | - |
| Author | - |
| Collection | Code of Laws |
| Date of Promulgation | 22.05.1992 |
|---|---|
| Effective from | 01.01.1993 |
| Effective until | - |
| Status | Valid |
The regulation text is for informational purposes only.
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