19.12.2011
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News
Improved surface land tracts

The General Tax Directorate has issued detailed instructions regarding the amendment to the Real Estate Tax Act, which we informed our readers about in Tax News No. 7/2011.
As of 1 January 2012, improved areas on tracts of land used for, or in connection with, business operations shall be subject to land tax at a special tax rate.
As a result of the definition of the improved areas of land tracts as a subject of tax, taxpayers are required to file a real estate tax return (or a sectional real estate tax return) in which they shall include the improved land and the tax applicable thereto.
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8.7.2025
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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.
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News
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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.