Income Tax Report: Amazon*

We service clients looking to prepare and submit Income Tax Declarations when receiving shares from an employer such as Amazon, Fortinet, etc.
INCOME TAX REPORT WITH SHARES ACCRUAL
3,630
CZK
/
160
EUR

    This price includes:

  • An analysis of the provided documents and preparation of an Income Tax Report with delivery to your email.
  • VAT 21%.

    Price does not include

  • Submission of the Income Tax Declaration. You will need to submit this yourself, or order a service that will enable you to file it via proxy (through DMT Davota Schranka);
INCOME TAX REPORT WITH SHARES ACCRUAL AND SALE
4,235
CZK
/
180
EUR

    This price includes:

  • An analysis of the provided documents and preparation of an Income Tax Report with delivery to your email.
  • VAT 21%.

    Price does not include:

  • Submission of the Income Tax Declaration. You will need to submit this yourself, or order a service that will enable you to file it via proxy (through DMT Davota Schranka);

Which employees need to file an Income Tax Report independently?

If your employer decides to offer you company shares as a bonus (free of charge) or at a reduced price, taxable income arises in the form of non-cash remuneration at the share’s value, or at the amount that exists between the market share price and the reduced share price. If a Czech company provides the shares, this income is taxed together with your salary and just like your salary. It is subject to social and health insurance contributions as well. In this scenario, you do not need to submit a separate Income Tax Declaration. In practice, there are many more cases where a foreign parent company offers shares as part of a bonus scheme. If that is the case, the employee has to take care of that bonus’ taxation through the preparation and filing of an independent Income Tax Report.

Questions & Answers

  • Under what conditions should I file my Income Tax Declaration independently and not through my employer?
    If in a previous fiscal year at least one of the following events took place, you are obliged to submit an independent Income Tax Report:
    a) receipt of shares as a bonus from a foreign parent company. Income relates to the share value that you received free of charge, or the difference in the market price and the reduced price (in case shares are purchased at a reduced price).
    b) receipt of foreign dividends. It does not matter whether a foreign broker has already deducted tax from dividends, your Income Tax Report has to be submitted.
    c) the total value of shares sold exceeds 100 000 CZK in any one reporting year. This is especially important if you have owned the securities for over three years.
  • What are the steps of the Income Tax Report preparation process in DoMyTax?
    1) The questionnaire should be completed with all supporting documents attached.
    2) Confirmation shall be sent to your email address with a request to provide missing documents, if applicable.
    3) You’ll receive the Income Tax Report and bank requisites for processing the tax payment.
    4) In case you would like DoMyTax to submit your Income Tax Report electronically, we will prepare a Power of Attorney for your signature. The price of this service is 500 CZK*.
  • In addition to my salary and dividends, I have other sources of income. How much does it cost to prepare an Income Tax Report in this case?
    In this case, an Income Tax Report would cost from 3 000 CZK*.
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Why should I entrust the preparation of the Income Tax Report to the DoMyTax professionals:

  • You will save time. There will be no long correspondence exchange with an accountant, no need to deliver supporting documents to our office, and once we receive the signed by you the Power of Attorney, we will submit your Income Tax Report on your behalf to the Czech Tax Office,
  • You will save money. Our experts will prepare the Income Tax Report so that you do not pay extra taxes,
  • You can extend the Income Tax Report submission deadline by three extra months. We have on our team a Tax Specialist (daňový poradce) who has the right to submit Income Tax Reports with an extension of 3 months from the official filing deadline, and who also will help in resolving issues of any tax complexity.

Additional services:

  • Electronic Income Tax Report submission by proxy - 500 CZK*,
  • Personal submission of your Income Tax Report on your behalf to the Czech Tax Office or sending it by “registered mail” to the Czech Tax Office – 1000 CZK*,
  • Extension of the Income Tax Report submission deadline by three extra months, including the Tax Specialist’s signature on your Income Tax Report – 5000 - CZK*

* Prices do not include 21% VAT.

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