Exemption of income from the sale of shares and securities

The sale of securities and business shares is currently exempt from tax if the personal income taxpayer has met the time test of holding for three years for securities, five years for business shares.

! From 2025, the conditions for tax exemption of personal income from the sale of securities and business shares will be tightened. A new exemption limit of CZK 40 million per tax year will be introduced for such income. This limit applies to all income from the sale of securities and business shares for which the time holding test is met (the limit cannot be applied separately to each individual income).

Income from the sale of securities and business shares in excess of the limit of CZK 40 million per tax year will be subject to taxation under Section 10 of the Income Tax Act.