9.12.2008
News

Prepared Draft Acts

The House of Representatives (Lower House) approved an amendment to the Road Tax Act. The amended provisions should result in reduction of road tax rates for vehicles over 12 tons used as new for businesses that are more environmentally friendly. The lower rate should apply for 36 months following the first registration.

The House of Representatives (Lower House) suspended discussion on the proposed amendment to the Income Tax Act which should have cancelled the inclusion of employers’ contributions for employee catering into tax efficient costs.

The House of Representatives (Lower House) received a government draft act on pension insurance and organization and implementation of social security. Pursuant to the draft, the time period for insurance should be extended and time spent in study at secondary schools and universities should no longer be acknowledged as substitute time. The retirement age should be extended to 65 years for men and women having 0-1 children. The draft also defines the so-called semi-retirement under which the individuals involved should receive one half of their pension and the percentage for other gainful activity should be simultaneously increased.

Other articles

29.9.2025
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.‍
3.9.2025
M&A

KŠB advised on the sale of shares in BigBoard Praha

The J&T Arch Investments fund, the main investment platform of the J&T Group, acquired a significant stake in the largest outdoor advertising operator in the Czech Republic, BigBoard Praha, from the JOJ Media House group.
8.8.2025
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.