Majetkové daně a jejich uplatnění v České republice

Abstract

This paper is concerned with topic of property taxation and its application in Czech Republic. In first part of the paper basic principles of taxation and requirements of a tax system are presented, followed by a move focused view of property taxation theory. Different aproaches to property taxation are offered: real estate tax and tax on net wealth. Second part of the paper showcases present status of wealth aggregates in Czech Republic and lists taxes levied on Czech property. Examples from countries where property taxation is more established are provided for comparison. Two possible approaches to modification of Czech property taxation are presented in the third part of the paper, under assumption of intent to raise significance of property taxation in Czech tax system to levels comparable with average seen commonly in developed countries.