Draft Amendments
As a result of the planned public funding reform, the Ministry of Finance presented five amendments to the following tax legislation: the Income Tax Act, the Reserve Act, the Value Added Tax Act, the Real Estate Tax Act and the Inheritance, Donation and Real Estate Transfer Tax Act. In addition, the Registration Cash Registers Act is another act to be amended. The drafting procedure is underway. All drafts are currently subject to external review procedure. This means that their texts may change substantially before the drafts are to be submitted to the Chamber of Deputies and the Senate for approval. We will keep you updated on all major changes that occur during the approval process.
Other articles
KŠB advises on the sale of a majority stake in Znakon Group to enteria
KŠB provided legal advice on the sale of a 75% stake in Znakon, Znakon Asfalt and Znakon Servis to enteria, a Pardubice-based group and one of the Czech Republic’s largest construction holdings.
KŠB Runs for a Good Cause
On Tuesday, 8 September three teams from KŠB took part in the eighth annual Good Will Run organised by the Olga Havel Foundation in Prague’s Hvězda Park. Proceeds from the entry fees will go towards supporting families facing difficult circumstances due to serious illness, loss of housing or domestic violence.
Richard Schmidt Joins KŠB, Strengthening Its Corporate Criminal Liability and Compliance Practice
KŠB expanded its team at the beginning of August with the arrival of attorney Richard Schmidt, who has extensive experience in criminal law, including corporate criminal liability and related compliance matters.
