New Directives of the Council on VAT
The background change is a new basic rule pursuant to which services shall be taxed at the place of actual consumption of service instead of the current rule, pursuant to which the taxation is performed at the place of the provider’s registered office. The new general rule will also contain many exemptions.
Effective 1 January 2010, Council Directive 2008/9/EC sets forth new implementation rules for refunding VAT to persons obliged to pay VAT established in another EU member state. Changes consist in particular of filing and settlement of applications by e-mail, which should simplify and accelerate the procedure of refunding VAT.
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Success for KŠB’s Litigation Team
KŠB’s litigation team, led by Pavel Dejl and Hana Dejlová, has achieved a significant victory for a long-standing client in a dispute with the Czech Ministry of Justice concerning excessively lengthy court proceedings.
KŠB at EMUN’s Investment Outlook 2026 Conference in Prague
Kocián Šolc Balaštík (KŠB) continues its active cooperation with key partners in the investment and financial sectors, most recently as a partner of EMUN’s Investment Outlook 2026 conference.
KŠB advises the National Development Bank on the integration of the Czech Export Bank
KŠB advised the National Development Bank (Národní rozvojová banka, a.s.) on the integration of the Czech Export Bank (Česká exportní banka, a.s.) into the NRB group.
