In Czech Republic, an Employee pays 15% Income Tax, unless he earns more than 48 times the average salary annually ( about 1.9 M CZK in 2023). The amount over the 1.9 M CZK is taxed with an additional solidarity tax of 8% (so 23% in total). Note that if an Employee is subject to Solidarity Tax, it will be necessary to file a Personal Income Tax
Tax schedule. Since 2008, the Czech Republic has used a concept of the so-called 'super-gross salary' in determining the personal income tax (PIT) base from employment income. As of 1 January 2021, the Czech Republic is abandoning this concept of the super-gross salary. Instead, the tax base is now determined based on gross income only.
In contrast, Portugal has the least competitive and neutral corporate income tax system in Europe ( Colombia ranks the lowest in the OECD). At 31.5 percent, Portugal levies one of the highest combined corporate tax rates on business profits, including multiple surtaxes. Only limited net operating losses can be carried forward and carried back WW1YS6.