18.7.2008
•
News
Recast of the Sixth Directive
On 1 January 2007 new EU Directive [1] ("Recast") governing the common system of value added tax in all Member States came into force. The Recast supersedes the Sixth Directive [2]. The Recast was issued to simplify the Sixth Directive which, owing to numerous amendments, had become difficult to follow, unsystematic and often incomprehensible.
The Recast re-classifies and re-structures the provisions in the Sixth Direction without making any major substantive changes. Before taking effect, the Recast had already been amended by Council Directive no. 2006/138/EC (published in OJ part L 384) on 29 December 2006 to extend the applicability in time by an additional two years of some of its provisions governing the place of performance of electronically provided services, and radio and television broadcasting, initially due to expire in 2006.
Notes
[2] Sixth Council Directive of 17 May 1977 on harmonization of the laws of Member States relating to turnover taxes – common system of value added tax: unified tax base (77/388/EEC)
Other articles
20.6.2025
•
News
KŠB advised the seller on the sale of mcePharma to the Brenntag Group
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.
18.6.2025
•
News
KŠB Provided Legal Advisory in the Sale of ARETE Park Rokycany II to the REICO LONG LEASE Fund
Jiří Horník, Jakub Porod, and Yelizaveta Volodina assisted the ARETE group in the sale of the premium logistics complex ARETE Park Rokycany II. The buyer is the REICO LONG LEASE fund, managed by REICO Erste Asset Management. The fund primarily invests in logistics, industrial, retail, office, and other commercial properties, mainly in the Central European region.
17.6.2025
•
News
KŠB and Smetanova Litomyšl – a partnership with impact
Last weekend, as partners of the Smetanova Litomyšl festival, we had the honour of attending the opening concert of the festival’s 67th edition, featuring the Czech Philharmonic conducted by Jakub Hrůša and the exceptional Norwegian violinist Vilde Frang.
