What are the most common taxes in Czechia?
The primary types of taxes are personal income tax at 15%, corporate tax at 21%, and property tax, which varies depending on the property type: land is taxed at 0.75% of its value, buildings are charged between CZK 2 and CZK 10 per m², and business activities incur a fee of CZK 2 to CZK 5 per m². Governments impose these taxes to raise funds for public expenditure on infrastructure, education, healthcare, and other vital services.