29.3.2012
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News
Average Price for Emission Allowances
As of 1 January 2011, the amendment to the Renewable Resources Act introduced a donation tax on European Union Allowances (EUA) allocated on a free-of-charge basis to electricity producers in 2011 and 2012 (see Tax News No. 4/2011). The average market value of an allowance applicable on 28 February of a particular year multiplied by the number of allowances allocated free of any charge constitutes the tax base.
On 2 March 2012, the average price for an emission allowance was disclosed and made available on the MFCR’s official website. It amounts to CZK 201.79 per 1 tonne of CO2.
Other articles
28.7.2025
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News
Smetanova Litomyšl Comes to a Close with Music and a Message of Solidarity
This year’s edition of the Smetanova Litomyšl festival concluded with the concert Grand Finale – An American Story, held under the patronage of our firm. In addition to delivering a remarkable musical experience, the evening also served a charitable purpose: proceeds supported the Olga Havel Foundation (Výbor dobré vůle – Nadace Olgy Havlové), helping young people from disadvantaged backgrounds pursue their education.
8.7.2025
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News
Advising J&T on the preparation of another bond programme – the Europacity Berlin project.
KŠB provided legal advice to its long-standing client, the J&T group, in connection with the preparation of another bond programme, this time related to the Europacity Berlin project. The base prospectus has already been approved by the Czech National Bank, and the first final terms have been prepared for an issue in the amount of CZK 3 billion. The advisory team at KŠB included Josef Kříž, under the partner supervision of Martin Krejčí. Vlastimil Pihera.
7.7.2025
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News
A Distinguished June Visit to KŠB: Gisela Bergmann, Princess of Liechtenstein
Before the start of the summer holidays, we had the honour of welcoming an exceptional guest to our Prague office – Gisela Bergmann, Princess of Liechtenstein, CEO and managing director of Industrie- und Finanzkontor Ets., a leading Liechtenstein-based trust company with a long tradition and extensive experience in protecting family wealth and values.
