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KŠB succeeds in cassation complaint before the Supreme Administrative Court

News   19. 8. 2013 Link

KŠB successfully represented WEEE collection system operator REMA Systém, a.s. in proceedings before the Supreme Administrative Court. The case involved the procedural aspects of an action filed for protection against the Ministry of the Environment’s failure to act.

From the Chamber of Deputies

Tax News   15. 8. 2013 Link
The amendments to tax legislation in relation to recodification were approved by the lower house on 8 August in the third reading. The amendments include in particular Parliamentary Presses No. 1003...

June flood - related tax relief

Tax News   15. 8. 2013 Link
The minister of finance used his authority to waive, in full or in part, personal income tax and corporate income tax payments for taxpayers damaged by the flood, including the income tax interest...

Burden of proof weighs heavily on tax subjects

Tax News   15. 8. 2013 Link
Tax subjects in general must prove all facts that they are required to disclose in their tax returns, reports and statements or those that the tax administrator requests them to prove.  This...

Constitutional complaint against cancellation of certain provisions of the income Tax Act

Tax News   15. 8. 2013 Link
A group of senators submitted a request to the Constitutional Court for annulment of certain provisions of the Income Tax Act, specifically the provisions that cancelled the possibility to apply a...

Minimum wage increase

Tax News   15. 8. 2013 Link
Prime Minister Rusnok’s government decided to increase the minimum wage by CZK 500 from CZK 8,000 to 8,500 per month as of August 2013. The monthly health insurance contributions paid by employers...

KSB’s X Lege No. 2/2013

X Lege   23. 7. 2013 Link

The second issue of KŠB’s quarterly newsletter X Lege includes an interview with recodification co-author and KŠB partner Prof. Jan Dědič, who discusses the current wording and planned changes of the legislation accompanying the new Civil Code. This issue also includes an article on the upcoming amendment to the Income Tax Act, which is currently under consideration and which is an important step towards establishing a single collection point.

KŠB advises on the acquisition of Centrum Holdings s.r.o.

News   23. 7. 2013 Link

KŠB provided legal advice to BM Management s.r.o. during the acquisition of Centrum Holdings s.r.o., the operator of Aktuálně.cz, Centrum.cz, Atlas.cz and other web portals, by Economia, a.s.

Vat News

Tax News   27. 6. 2013 Link

Invoicing rules;

Vat on insurance operations;

Correction of tax amounts on receivables due from debtors in insolvency proceedings;

Unpaid tax to be guaranteed by recipients

News from the Chamber of Deputies

Tax News   27. 6. 2013 Link

Legislation news

KŠB Advises Verdi Capital on Acquisition of Solar Power Plants

News   12. 6. 2013 Link

KŠB advised Verdi Capital, a hedge fund, on the acquisition of three Czech solar parks with an overall installed output of 10.8 MWp. Two of the solar parks (which represent almost half of the total installed output) are roof-top installations. The seller was the Enfinity Group, a leading Belgian solar park developer.

Contract Competition for Law Students a Success

News   31. 5. 2013 Link

KŠB, in cooperation with the law student association ELSA, held a Contract Competition for law school students at the beginning of May. The competition, which comprises simulated contract negotiations, included written and oral contests and culminated in verbal negotiations “between the parties”.

Tomáš Sequens on Energy Performance Certificates in Hospodářské noviny

News   6. 5. 2013 Link

In a recent interview for business-focused daily Hospodářské noviny, KŠB Lawyer Tomáš Sequens talked about the current situation regarding energy performance certificates (EPCs).

New Issue of Prestigious Annual Publication Chambers Europe Again Recommends KŠB

News   6. 5. 2013 Link

Renowned British rating company Chambers and Partners recommends KŠB and its lawyers in several categories in “Chambers Europe 2013”.

New Withholding Tax Rate

Tax News   27. 4. 2013 Link
Effective 1 January 2013, a new 35% withholding tax was introduced. The tax shall apply to payments of income to foreign tax residents who are not residents of another EU Member State; or the EEC;...

Guaranteeing Unpaid Tax

Tax News   27. 4. 2013 Link

The General Tax Directorate issued information that tax authorities will, for the time being, refrain from calling upon guarantors to pay unpaid VAT.

Tax Information Exchange Agreements

Tax News   27. 4. 2013 Link
TIEAs allow tax information to be exchanged for duly determining or collecting taxes for taxpayers of both contracting parties or, where applicable, for tax penalty procedures. TIEAs help contracting...

Tax Rules and Changes in 2013

Tax News   24. 4. 2013 Link

Registration Proceedings

Penalty for Late Tax Statement

Taxation of Individuals in 2013

Tax News   24. 4. 2013 Link

Cooperation Persons

Solidarity Surcharge & Advance Payments

Financial Administrative Authority

Tax News   24. 4. 2013 Link

Data Boxes

Regional Offices

Unused Vacation Time

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