Delegating local competence
On 26 January 2011, the GFD published a standpoint on delegating local competence pursuant to tax rules. The GFD draws attention to the differences between delegating local competence and making a change in the registration of the tax entity.
The GFD emphasized that the nearest supervising tax authority with jurisdiction over all parties involved shall be the party in charge of delegating local competence as regards tax administration, with such decision to be made upon the request of a tax entity or at the instigation of a tax authority. In contrast therewith, the tax authority shall issue a resolution upon the registration of the tax entity on the basis of the criteria set forth by law.
Other articles
KŠB advises the National Development Bank on the integration of the Czech Export Bank
KŠB advised the National Development Bank (Národní rozvojová banka, a.s.) on the integration of the Czech Export Bank (Česká exportní banka, a.s.) into the NRB group.
When Excessive Prevention Does More Harm Than Good
At the end of 2025, the Supreme Court of the Czech Republic ruled that the preventive retention of traffic and location data under the Electronic Communications Act infringes the rights of the persons whose data is concerned.
KŠB Advises on the Establishment of FIDUROCK Retail Parks Fund SICAV
Kocián Šolc Balaštík advised Fidurock on the establishment of FIDUROCK Retail Parks Fund SICAV, an investment fund targeting qualified investors and focused on areal estate portfolio in the Czech Republic and Slovakia.
