A Practical Insight To Cross-Border Corporate Tax Work - Czech Republic
Source: White & Case
The OECD Model Tax Convention is generally followed, with some exceptions, including withholding tax on software and permanent establishment definition relating to provision of services for more than six months. Tax treaties with some of the less-developed countries are based on the UN Model tax convention. The 1993 Czech-US tax treaty was concluded based on the then applicable US Treasury Department's draft Model Tax Convention on Income and Capital and the OECD Model Tax Convention.