Stanovení záloh na daň z příjmů jinak

When determining the amount and frequency of income tax prepayments, the last known tax liability is generally used as a basis. After the end of the tax period, the prepayments paid during that period are credited against the actual tax amount due.

There may be situations where it is suitable for the taxpayer to request the tax administrator to determine the prepayments differently. The tax administrator will evaluate such a request from the taxpayer, and if deemed justified, the tax administrator may set the prepayments differently.

This can result in either a reduction of the prepayments or a complete cancellation of the obligation to pay prepayments for a certain period.

Typical reasons for submitting a request for a reduction of tax prepayments include:

1. A significant decrease in the expected tax liability due to (i) a slowdown in the company's activities, (ii) the existence of one-time transactions with a significant impact on the tax base (e.g., the sale of a business or intellectual property rights), or
2. Legal transformations of the company, such as the spin-off of part of the assets into a separate company.

Reducing tax prepayments can have a positive impact on the company's cash flow, allowing the company to invest and enhance its available financial resources effectively.

We would be happy to assist you with preparing a request for determining prepayments differently.

Authors:

Vladislav Pejchal

Lam Uyen Le

Kateřina Soukupová