30.5.2014
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News
Savings Income Directive
Amendment to the Savings Income Directive

The European Council has approved an amendment to the Savings Taxation Directive. EU-member states are obliged to incorporate the new rules into their national legislation by 1 January 2016 and the rules will become effective on 1 January 2017.
The amendment to the Directive extends the scope of income that will be covered. Income from certain life insurance products and other income from investment funds will newly be considered as income from interest payments. Paying agents will be obliged to ascertain whether the entity receiving the income from interest payments is the actual beneficial owner of the relevant income or an intermediate structure.
Other articles
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. Het basenprospectus 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.
20.6.2025
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News
KŠB advised the seller on the sale of mcePharma to the Brenntag Group
The KŠB team, consisting of Vlastimil Pihera, Jakub Porod, and Dominika Bazalová, provided legal advice to the seller, Mr. Ivan Mikeš, in connection with the sale of 100% of the shares in mcePharma to the international Brenntag Group, a global leader in the distribution of chemicals and ingredients.