Cancelled Taxation of Working Pensioners’ Pensions

The General Financial Directorate announces that the Constitutional Court has decided about the unconstitutionality of the stipulation of the income tax act, according to which regularly paid income and pension of working pensioners, whose income from employment and partial tax bases from enterprise and rent exceeded a total of CZK 840,000 /year, were subject to taxation. In its finding, the Constitutional Court reached the conclusion that the cancelled stipulation will not be used for the entire taxation period of the year 2016 already.