Income taxes (2025)

This book will help anyone who prefers visual representation, quick orientation, and fast access to current information. In this updated edition of the practical publication, the author explains the most commonly used sections of the Income Tax Act in a visual, understandable, and very clear way, including references to the sections of related acts. Using concise and succinct diagrams and practical tax and accounting tables, it also touches upon other related areas necessary for business. The publication outlines the conditions for retirement savings, the conditions for tax support for retirement savings and its possible repayment, long-term care insurance, insured events at the end of the year, leases, settlements, wage garnishments, the legal liability of legal entities, early use and trial operation, an overview of securities, an overview of the taxation of non-profit entities, and more. This practical guide is used by business owners, as well as accountants, auditors, tax advisors, and tax authorities during their inspection activities.