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Old 09-15-2010, 07:33 AM  
Ethersync
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Join Date: Mar 2008
Location: London, Saint-Tropez, Bermuda, Moscow
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Quote:
Originally Posted by cordoba View Post
I've read on many sites that the income tax is a flat 15%, but I can't post links because I have less than 30 posts.

Can anyone else living in the Czech Republic confirm what Zyber is saying? I know that social and health insurance would go on top but 50% sounds a lot.
15% flat income tax on your gross salary.

35% in social taxes on your gross salary (paid by employer, but comes out of your pocket).

20% VAT tax on all purchases except for things like water, medicine, books, etc which is 10%.

Corporate tax is 19%.
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