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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 attempts to make approval of state aid measures conditional on the absence of links to non-cooperative jurisdictions

October 2020 – The fight against the so-called tax havens has been a major ongoing issue both at the European Union level and also for Member States. A list of non-cooperative tax jurisdictions has been maintained by the EU since 2017. The battle against...

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...