Waiver of Default Interest
The Ministry of Finance decided to waive default interest (Section 63, subsection 2 of Tax Administration Act) on delayed tax payments. Interest due in 2007 shall be waived unless the total amount thereof exceeds CZK 200 for a taxation period or for a calendar year for one-time taxes that do not have the taxation period. The decision dated 3 April 2007 is available on the Ministry’s web site and is to be published in the Financial Bulletin.
Other articles
KŠB advises on the sale of a majority stake in Znakon Group to enteria
KŠB provided legal advice on the sale of a 75% stake in Znakon, Znakon Asfalt and Znakon Servis to enteria, a Pardubice-based group and one of the Czech Republic’s largest construction holdings.
KŠB Runs for a Good Cause
On Tuesday, 8 September three teams from KŠB took part in the eighth annual Good Will Run organised by the Olga Havel Foundation in Prague’s Hvězda Park. Proceeds from the entry fees will go towards supporting families facing difficult circumstances due to serious illness, loss of housing or domestic violence.
Richard Schmidt Joins KŠB, Strengthening Its Corporate Criminal Liability and Compliance Practice
KŠB expanded its team at the beginning of August with the arrival of attorney Richard Schmidt, who has extensive experience in criminal law, including corporate criminal liability and related compliance matters.
