11.7.2011
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News
From the European Court of Justice
VAT: Action of the European Commission against the Czech Republic
- The European Commission filed an action against the Czech Republic at the European Court of Justice for an infringement of the VAT Directive; the directive was infringed by the fact that the Czech Republic allows a person who is not obliged to pay tax to become a member of a group established for purposes of VAT. In the Czech Republic, the possibility of the group registration is often used solely by holding companies, which do not perform any economic activities and therefore are not persons obliged to pay the tax. The European Commission requests the relevant remedy and proposes to impose reimbursement of the costs of the litigation on the Czech Republic.
Other articles
29.9.2025
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News
Legal advice on RegioJet financing
KŠB team led by Josef Kříž acted as legal advisor to Česká spořitelna and Komerční banka in connection with the issuance of RegioJet Group secured bonds, which will be admitted to trading on the Prague Stock Exchange. The expected volume is CZK 1.5 billion, but may increase to a total of CZK 4 billion. Assistance with this transaction is another successful step in strengthening our Capital Markets department led by Vlastimil Pihera.
8.8.2025
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News
Project Financing of a Strategic Logistics Complex in Nymburk
KŠB provided legal advice to Facility Develop Group in securing two separate financings granted by Trinity Bank. The funds will be used for the development and expansion of a large logistics park in Nymburk, which is of key importance to the infrastructure of the entire Central Bohemian Region.
