Act No. 48 / 1948 Coll.
Act amending and supplementing certain provisions of the Direct Taxation Act
Valid
Effective from 14.04.1948
48.
Law
of 20 March 1948
amending and supplementing certain provisions of the Direct Taxation Act.
The Constitutional National Assembly of the Czechoslovak Republic decided on this law:
(1) Fees of the general tax on income shall be granted a discount on that tax, prescribed in accordance with § 57, paragraphs 1 to 6, 8 and 9 of the Act of 15 June 1927, No 76 Coll., on direct taxes, as amended by the regulations amending it and supplementing it (hereinafter referred to as "the Law on Direct Taxation"), with all surcharges.
(2) This rebate shall, at the time of tax, make the proceeds:
| a) do 15.000 Kčs | 100%, |
| b) nad 15.000 Kčs do 90.000 Kčs | 75%, |
| c) nad 90.000 Kčs do 150.000 Kčs | 50%, |
| d) nad 150.000 Kčs do 240.000 Kčs | 25%. |
(3) The taxable amount of the proceeds shall not, after deduction of the tax, be less than the amount of the tax deducted in accordance with paragraph 2, than the amount of the tax deducted in respect of all the highest tax taxes paid in respect of which the highest reduction is closest to that.
(4) In the case of a tax subject to a levy exceeding CZK 240.000, the general tax shall be reduced by all the increases so that there shall be no less of the proceeds of the tax subject after deduction of the tax with all the increases than the proceeds of the levy of CZK 240.000, after deduction of the amount of the tax due, reduced in accordance with paragraph 2.
(5) The discount provided for in paragraphs 1 to 4 does not affect the adequacy of the reserve for the general tax in the year 1947.
(1) The amounts paid or deposited in the institutions and funds referred to in Sections 17, 5, second sentence and 78 (e) (2) of the Direct Taxation Act are deductible only up to 15% of the income (income) of the company.
(2) Bilateral changes in the state of non-autonomous pension or support funds, linked to the conversion of such funds into separate pension or support funds, do not affect the tax base of the pension, general income tax and special income tax, irrespective of whether the balance sheet balances of the funds that were included in the tax base in the previous financial years or not.
The amount of CZK 30.000 referred to in Section 78 (i), No 5, the sentence of the Second Direct Tax Act increases to CZK 90,000.
(1) This Act takes effect on the date of its publication, but according to it it is already progressing when measuring direct taxes for the financial year 1947; If the tax has already been charged before the publication of this law, by way of derogation from the provisions of Articles 2 or 3, the assessment of the ex officio tax shall be corrected.
(2) This Act shall be implemented by the Minister for Finance.
Dr Beneš v. r.
Gottwald v. r.
Dr Dolansky v. r.
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Regulation Information
| Citation | Act No. 48 / 1948 Coll., amending and supplementing certain provisions of the Act on Direct Taxation |
|---|---|
| Regulation Type | - |
| Author | - |
| Collection | Code of Laws |
| Date of Promulgation | 14.04.1948 |
|---|---|
| Effective from | 14.04.1948 |
| Effective until | - |
| Status | Valid |
The regulation text is for informational purposes only.
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