The tax rates are progressive in the Czech Republic, ranging from 15% to 23%, depending on the level of income. The corporate income tax is applied to all businesses at a 19% rate and also Switzerland levies a direct federal CIT at a flat rate of 8.5% on profit after tax. Accordingly, CIT is deductible for tax purposes and reduces the applicable tax base (i.e. taxable income), resulting in a direct federal CIT rate on profit before tax of approximately 7.83%. At the federal level, no corporate capital tax is levied. Our corporate income tax component scores countries not only on their corporate tax rates but also on how they Czech Republic (CZ) 6: 6: 6: 0: Denmark (DK) 10: 17 Detailed description of taxes on corporate income in France * Situation of small corporations not addressed. For financial years opened as of 1 January 2021, the reduced CIT rate of 15% that applies for small corporations on their first EUR 38,120 of taxable profits (according to the French Tax Law definition) is extended to the corporations realising a turnover up to EUR 10 million (compared Property Taxes in Hungary. Property taxes apply to assets of an individual or a business. Estate and inheritance taxes, for example, are due upon the death of an individual and the passing of his or her estate to an heir, respectively. Taxes on real property, on the other hand, are paid at set intervals—often annually—on the value of Certain charitable donations are deductible. The minimum deductible donation is CZK 2,000, the maximum deductible donation is 10% of the CIT base (for donations in the tax periods ending from March 2020 up to February 2024 the cap is increased to 30% of the tax base). tax rate from 1 January 2021 . 12 January 2021 . In brief . As of 1 January 2021, the Czech Republic is abandoning the concept of the super-gross salary as a unique way of determining the tax base. At the same time, this change is associated with the abolition of the flat tax rate, the abolition of the solidarity surcharge and the Tax rate increase. For corporations, the most significant change will be a two-percentage point increase in the standard income tax rate from 19% to 21%. With this change, the government expects an annual increase in the state budget of CZK 22 billion by 2025. The integrated tax rate on corporate income reflects both the corporate income tax and the dividends or capital Czech Republic (CZ) 19.0%: 23.0%: 37.6%: 0.0%: 19.0%: Taxation in Slovakia. In Slovakia, taxes are levied by the state and local governments. Tax revenue stood at 18.732% [1] of the country's gross domestic product in 2019. [needs update] The tax-to-GDP ratio in the Slovakia increased by 0.4 percentage points from 34.3% in 2018 to 34.7% in 2019. The most important revenue sources for the state mvsTs57.