The aim of my thesis is a comprehensive overview of the problem of the income taxation of professional sportsmen. Starting from a domestic perspective, this thesis begins with analysis of the domestic tax system. It explains important underlying terms such as tax, tax law, direct taxes, indirect taxes, as well e.g. tax resident and non-resident. Then the thesis deals with the main issue of the income taxation of professional sportsmen. This part of the thesis includes main topics such as direct taxation of Czech tax residents, direct taxation of non-residents in the Czech Republic as well as the double taxation phenomenon. The issues concerning the double taxation phenomenon such as taxation of the income reached in one country in another country, without any use of double taxation convention as well as with use of double taxation convention are deeply discussed. Consequently, the thesis analyzes two main model tax conventions, i.e. Model Double Taxation Convention between Developed and Developing Countries released by United Nations and Model Tax Convention on Income and on Capital, released by OECD. Regarding all of expressions and input information mentioned in this part, the thesis explains the income taxation of professional sportsmen and sportsmen amateurs in case of obtained prize money as well....

No description available.

The rationale of most commercial banks is not always to avoid tax but to mitigate them against some losses because of high corporate income taxes. To this effect, the study proposed two objectives. First, to examine the trend of profits of the various selected banks operating in the country .secondly to explore the consequential effect of corporate income tax on the profit of the selected banks. To achieve the above objectives, 24 banks were chosen over the period 2006 and 2015. The random effects panel model was used in the analysis. Findings consequentially point to the fact that higher taxes negatively affect the profits of commercial banks in the country. It was observed that banks in their quest to avoid hefty tax expense turn to forward them to their loan loss provision as a way to cushion them against defaulters of loan. Secondly,It was further identified that another way the bank explore in other to avoid high tax expense was by forwarding them to their total non-interest expense.Our study concludes by recommending a review of the current tax law and the current tax structure in the country to yield benefit to both the nation and the financial institutions operating in the country.

The diploma thesis is focused on the international tax planning and using the holding structures as one of its methods. The aim of the thesis is to show the possibility of using differences between taxation of certain transactions in different jurisdictions. In the thesis there is an interpretation of the term international tax planning and its importance for companies. There is also a definition of a holding and its use within the international tax planning. In the second part of the thesis a holding structure for a fictional company is created. It shows advantages, but also problems connected with international tax planning.

No description available.

No description available.

No description available.

Legal aspects of cryptocurrencies Abstract The aim of this work is to analyse the legal aspects of cryptocurrencies, especially focusing on their position within the legal system, legal binding of so-called smart contracts and their proper taxation in the field of personal income, legal entities and value added tax. The main content of the work is divided into six chapters. These six chapters are preceded by an introduction, which contains the reasons for choosing the topic, the chosen goal and the individual sub-goals and methods by which these goals are achieved. The last part is followed by a conclusion, which contains a summary of individual findings and recommendations for further research. The first chapter briefly deals with the history of cryptocurrencies, respectively describes the origin and life of two important precursors of the cryptocurrency bitcoin, E-Cash and E-Gold. The second chapter contains an analysis of the concept of cryptocurrency in relation to concepts such as currency, money, electronic money, digital and virtual currency. The content also includes the position of cryptocurrencies in the Czech legal system, an analysis of the fulfilment of the defining features of a security and the effects of their inclusion in the issue of combating the legalization of proceeds from crime. The...

No description available.

JUDr. Petr Kotáb International Aspects of Taxation in the Czech Republic SUMMARY Economic life of the current period is marked by high level of globalization of the economy and ever growing volume of cross-border flows of labor, goods, services and capital. In this situation, issues of international taxation affect not only sporadic cross-border transactions of selected types of subjects but virtually daily tax relations of large numbers of tax subjects, legal entities and individuals. Principles and regularities of international taxation are spreading in an ever growing extent into the intrastate level and are influencing the production of tax laws and everyday application practice of tax administrators. International aspects of taxation project into intrastate tax relations when there is a certain foreign element present in the tax relation. Such foreign element can show on the level of the subject of a tax relation (e.g. a non-resident taxpayer, permanent establishment, etc.), or the object (e.g. foreign-sourced income), or as the case may be, the tax relation content (e.g. tax liability imposed by a foreign state and the necessity to reflect it in the inland for the purposes of prevention of double taxation, e.g. by a credit method). A foreign element in the tax relation usually indicates the danger of...