Oznámení osvobozených příjmů plynoucích do zahraničí

Reporting of exempt income paid abroad by 31 January

The deadline for filing the notification of exempt income paid abroad is approaching.

A taxpayer who pays the income to a non-resident taxpayer which is subject to a Czech withholding tax (“WHT”) is required to notify the tax authorities. The simplification applies to income that is exempt from WHT or not subject to WHT in the Czech Republic under the respective international treaty. In such cases, the taxpayer is obliged to submit the notification only on an annual basis, by 31 January of the following calendar year. Income of the same kind (dividends, royalties, interest, etc.) which in aggregate for one recipient does not exceed CZK 300,000 per calendar month is not reported.

In practice, it is necessary to fill in the form "Notification of income paid abroad" (you can find it HERE in the section Choosing an electronic form, Withholding tax). Exempt income of the same type paid to one non-resident taxpayer should be reported on one form.

If you have any questions, please contact the authors of this article or the EY team you are working with.

Authors:

Lucie Říhová

Hana Cicvárková

Jana Kovářová