Vybrané problémy zdanění pasivních příjmů z dluhopisů

Abstract

The text deals with certain problems of taxation in the Czech Republic of passive income from bonds, namely government bonds and Eurobonds. It follows in brief the historical development of taxation by income taxes of interest yields from bonds over the last 30 years, i.e., from the inception of the first tax system of the independent Czech Republic. It takes notice of the fluctuations of tax exemptions over the time and attempts to establish, sometimes not very discernible, reasons for the introduction and abolition of such exemptions. It criticizes the lack of stability and adherence to legal principles of the statutory regulation resulting in a potential negative impact of the same on Czech bond issuers and investors in financial markets.