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
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.
