Tax Report for Czech Residents

etoro doesn’t provide tax advice. Any data reported in the tax report is strictly for informational purposes only and it isn’t intended as a tax declaration or as a substitute for legal advice. We strongly advise you to verify the tax report with your tax advisor.

On this page, you will find information about tax reporting in the Czech Republic. etoro Club members living in the Czech Republic can generate a tax report based on the previous financial year’s investment activity on the etoro platform, structured in accordance with local tax guidelines.

Select a question to go directly to that topic.

1. What should I be aware of when reporting taxes in the Czech Republic?
2. What does the Czech Financial Administration consider taxable?
3. How are capital gains calculated in the Czech Republic?
4. Why are the capital gains between the etoro account statement and the tax report different?
5. Can I use the etoro tax report as a basis for filling out the official tax form?
6. Summary report
7. Income report
8. Capital gain and loss report
9. Detailed transaction report

What should I be aware of when reporting tax in the Czech Republic?

• The tax year is from 1 January to 31 December.
• The reporting currency is the Czech Koruna (CZK).
• The reporting language is Czech.
• The deadline for filing the return is typically 1 April. For individuals who must be audited by law, the deadline is extended to 1 July.
• Forms can be completed and submitted electronically via a data box or the MOJE daně portal. Within the portal, individuals can choose between:
• Online Tax Office (DIS+)
• Electronic Submissions for Financial Administration (EPO)

You can find more information on the government website regarding tax filing deadlines.

What does the Czech Financial Administration consider taxable?

• Income from capital (dividends, interest income, other income).
• Capital gains, which are subject to income tax.

The above list is not exhaustive.

How are capital gains calculated in the Czech Republic?

The capital gain/loss on an asset can be calculated by subtracting the cost basis (purchase price) and any associated fees of an asset from the value of the asset when it was sold.

If many positions are held on the same asset, bought at different prices, there are several methods for working out the cost basis. In the Czech Republic, no specific method is mandated. It is advisable to speak to a local tax advisor.

Why are the capital gains between the etoro account statement and the tax report different?

You may notice differences between your etoro account statement and your etoro tax report. These can be attributed to the different methods used to calculate capital gains.

• Account statement reporting method: Specific lot identification
• Tax report reporting method: First in, first out (FIFO)

Additionally, to calculate the financial data presented in the tax report, the values of the positions are converted from USD to CZK at the time of position opening and closing. This conversion process may result in a further difference in the end value between the account statement and the tax report.

Can I use the etoro tax report as a basis for filling out the official tax form?

In this section, you can see screenshots from an example etoro tax report for Czech residents.

The information on this page should not be used as a guide on how to fill in your tax return. Please review the official notes on the tax forms and consult your independent tax advisor for questions.

Summary report

A short summary of the income, capital gains and losses, taxes, and expenses.

Income Report

In the income report section, there are separate tables for dividends, interest payments and other income. Examples of other income include manufactured dividends and commissions from securities lending.

Capital gain and loss report

This section calculates the capital gain or loss from each taxable event during the time period.

Detailed transaction report

This section includes all the details on all transactions per asset.