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
29.9.2025
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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.
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.
