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
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.
