Comparison of Tax Burden of Incomes from the Dependent Activity of Employees in the Czech Republic and Slovak Republic in the Context of Globalization Trends

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F16%3A86098084" target="_blank" >RIV/61989100:27510/16:86098084 - isvavai.cz</a>

Result on the web

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DOI - Digital Object Identifier

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Result language

angličtina

Original language name

Comparison of Tax Burden of Incomes from the Dependent Activity of Employees in the Czech Republic and Slovak Republic in the Context of Globalization Trends

Original language description

The contribution is focused on tax burden related to incomes from the dependent activity in the Czech Republic compared to the incomes from the dependent activity in the Slovak Republic in the context of globalization and harmonization within the European Union countries. Taking into consideration the taxation procedure, there is a difference mostly in the set-up of the tax base for the calculation of the tax liability. In the Czech Republic, the tax is calculated from a gross salary increased by an insurance paid by an employer, which results into the tax base increase - so called super-gross salary. Then, the principle of the super-gross income means the determination base for the tax imposed on incomes of physical persons from the dependent activity is a gross salary increased by social security and health insurance making 34%. On the other hand, in the Slovak Republic the taxable salary is represented by a gross salary decreased by a value of the insurance paid by an employee and a non-taxable part of the tax base. In both countries, primarily in the field of the non-taxable parts of the tax base and tax allowances there are lots of differences that have an impact on the calculation of the net income of an employee. Concerning the payments of health and social insurance there are a lot of similarities in both countries, namely in the area of an amount of the insurance which oscillates around the same level.

Czech name

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Czech description

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Type

D - Article in proceedings

CEP classification

AH - Economics

OECD FORD branch

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Project

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Continuities

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year

2016

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection

Globalization and its socio-economic consequences : 16th international scientific conference : proceedings : part IV : 5th - 6th october 2016, Rajecke Teplice, Slovak Republic

ISBN

978-80-8154-191-9

ISSN

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e-ISSN

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Number of pages

8

Pages from-to

1832-1839

Publisher name

University of Žilina

Place of publication

Žilina

Event location

Rajecké Teplice

Event date

Oct 5, 2016

Type of event by nationality

EUR - Evropská akce

UT code for WoS article

000393253800227