12.7.2011
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News
Paved lots
On 30 June 2011, President of the Czech Republic Vaclav Klaus signed an amendment to the Real Estate Tax Act. The changes introduced by the amendment apply exclusively to entrepreneurs who own paved lots, i.e. tracts of land designated as “other area” or “built-up area and courtyard” with paved surface (no vertical structure thereon).
The amendment introduces two tax rates for paved lots. The tax rate in the amount of CZK 1 per square meter shall apply to plots used in primary agriculture, forestry and water management. The rate in the amount of CZK 5 per square meter shall apply to lots used for other business operations.
The amendment shall take effect on 1 January 2012 and apply to the tax duties for 2012.
Other articles
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.
5.8.2025
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News
Legal Advisory to Japanese Group Ushio on the Acquisition of a Division of ams-OSRAM
The KŠB team, led by partner Dagmar Dubecká and attorney Jana Guričová, provided legal advisory to Japanese company Ushio Inc., a global leader in semiconductor technologies and specialized lighting for the automotive and industrial sectors, in connection with its acquisition of the Entertainment& Industrial Lamps segment from the Austrian-based ams-OSRAM Group, a company with over a century of history.
