Capital gains tax (CGT)

By | 2017-09-13T13:15:03+00:00 13th September 2017|

Individuals are usually required to pay capital gains tax (CGT) on an increase in value that is realised upon the sale of assets. In the Czech Republic, the rate of capital gains tax is the same as the individual’s income tax rate (a base rate of 15% + solidarity tax of 7%). No capital gains tax is liable on assets held for over 3 years.