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Browse through a selection of articles from our legal experts on topics of interest to investors and businesses in our region.

Czech Republic: A First Aid Package for your business – What immediate measures to take?

9 April 2020 – Many companies are in a state of near-paralysis as a result of the current coronavirus pandemic. At such a time, it is important to stop and think about what can be done to mitigate and avert further business disruptions.

Bulgaria: Invoicing during the COVID-19 outbreak

7 April 2020  – The COVID-19 outbreak and state of emergency announced in Bulgaria by the National Assembly on 13 March 2020 put most companies in a complex financial situation without warning. While the Bulgarian government has proposed several measures...

Slovakia: Summary of government measures adopted in response to COVID-19

7 April 2020 – COVID-19 outbreak has far-reaching impacts on the all aspects on our lives and businesses. During the first week of April 2020, Slovak government and parliament worked hard to adopt a first set of measures to help citizens and businesses...

Czech government proposes a seven percent digital services tax

February 2020 – In an attempt to correct an imbalance in taxation caused by the rise of digital services, the Czech government has come up with a proposal for an indirect digital services tax, targeting Internet giants’ profits from user-based online...

In Slovakia, 2017 brings new tax legislation

January 2017 – The Slovak Government and Parliament made several changes to the tax system with effect from 1 January 2017. The recently adopted amendments concern – among others – corporate and personal income tax, value added tax, special levy...

Boost to Czech investment environment – an amendment to Act on Investment Incentives comes into force at the beginning of May 2015

April 2015 – The Czech government is poised to offer higher support for investment projects. The Czech Republic has passed a law on investment incentives that sets out more attractive conditions for both Czech and international investors in the Czech...

Hungarian Insurance Premium Tax

October 2012 – Effective from 1 January 2013, Hungary will impose tax on insurance premiums. The new insurance premium tax (IPT) regime will have extraterritorial effect, taxing insurance premiums collected by non-Hungarian insurance companies...

A new bank levy in Slovakia?

August 2011 – Following the EU-wide initiatives for the introduction of special levies and taxes on financial institutions, the Slovak draft “Act on Special Levy for Selected Financial Institutions” aims to introduce a levy on the banks and...

Taxes in Slovakia – Four Questions for the Government

September 2010 – The general elections in June 2010 resulted in a change of government and the ruling coalition in Slovakia. Several new ministers (including the Minister of Finance responsible for tax policy) were members of the government during the...