Income Tax Report: Amazon*

We offer a service for preparation and submission of Income Tax Declarations for employees receiving shares from such an employer as Amazon, Fortinet, etc.
EMPLOYMENT INCOME WITH SHARES ACCRUAL
2000
CZK
/
80
EUR

    Price includes:

  • Analysis of the provided documents,
  • Income Tax Report preparation with a following delivery to your email.

    Price does not include

  • Income Tax Declaration submission (you could submit it yourself or order service of filing it by proxy, through DMT Datova Schranka),
  • VAT 21%.
EMPLOYMENT INCOME WITH SHARES ACCRUAL AND SALE
2500
CZK
/
100
EUR

    Price includes:

  • Analysis of the provided documents,
  • Income Tax Report preparation with a following delivery to your email.

    Price does not include:

  • Income Tax Declaration submission (you could submit it yourself or order service of filing it by proxy, through DMT Datova Schranka),
  • VAT 21%.

Which employees need to file an Income Tax Report independently?

If your employer grants you company’s shares as a bonus free of charge or at a reduced price, in this case a taxable income arises for you in the form of non-cash remuneration at a share’s value received or for the difference amount between the market share price and reduced share price. If a Czech company provides the shares, this income is taxed together with your salary amount and just like your salary, it is subject to the social and health insurances as well. In this scenario, you do not need to submit a separate Income Tax Declaration. In practice, there are more cases when a parent foreign company provides shares as a bonus. If that is the case, the employee has to take care of the taxation process of this income by preparation and filing an independent Income Tax Report.

Questions & Answers

  • Under what conditions should I independently file my Income Tax Declaration 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) for each year when you received shares as a bonus from a foreign parent company. Income is the shares value that you received free of charge, or the difference amount between the market price and reduced price, in case of purchasing the company's shares at the reduced price.
    b) for each year when you received dividends from foreign companies. It does not matter if a foreign broker has already withdrawn the tax amount from dividends or not, your Income Tax Report has to be submitted in any event.
    c) for each year when you sold shares if the total sale (not profit) amount exceeded 100 000 CZK, and especially if you owned the securities for at least 3 years.
  • What are the steps of the Income Tax Report preparation process in DoMyTax?
    1) You complete our questionnaire and attach all the supporting documents,
    2) Confirmation is sent to your email address with a request to provide missing documents, if applicable,
    3) You receive the Income Tax Report and bank requisites for processing of a 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. Price of service: 500 CZK*.
  • In addition to my salary and shares, I also had other sources of income. What is your price of the Income Tax Report preparation in this case?
    Income Tax Report price (in this case) is from 3 000 CZK*.

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.