Czech Republic Gazettes Law Amending Income Tax for Compulsory Insurance Contributions

The Czech Official Gazette Dec. 20 published a law amending income tax provisions on compulsory social insurance contributions. The amendment clarifies that: 1) employers aren’t obligated to pay social insurance contributions for employees who are subject to a similar mandatory social insurance regime in another EU member country; and 2) employers’ contributions to a foreign social insurance fund are included in the employee’s taxable income. The law enters into force and generally takes effect Jan. 1, 2019. [Czech Republic, Government Legal Database, 12/20/18]

Reference:
View Law No. 306/2018 of 12/04/18, Official Gazette No. 153/2018. View Announcement.