Savings Income Directive
The European Council has approved an amendment to the Savings Taxation Directive. EU-member states are obliged to incorporate the new rules into their national legislation by 1 January 2016 and the rules will become effective on 1 January 2017.
The amendment to the Directive extends the scope of income that will be covered. Income from certain life insurance products and other income from investment funds will newly be considered as income from interest payments. Paying agents will be obliged to ascertain whether the entity receiving the income from interest payments is the actual beneficial owner of the relevant income or an intermediate structure.
Other articles
Helena Navrátilová on Three Decades of the Advent Concerts of Good Will
KŠB partner Helena Navrátilová was recently interviewed on S dobrou vůlí, the podcast of the Committee of Good Will – Olga Havel Foundation. Speaking with editor Veronika Širc, Helena talked about the origins and history of the Advent Concerts of Good Will, which KŠB has been organizing for over thirty years.
KŠB advises LIPOELASTIC founders on the sale of LIPOELASTIC Group
KŠB, in collaboration with investment advisers from the Roklen Group, advised LIPOELASTIC Group founders Alena and Tomáš Hradil on their exit from the group, which they had built up over almost twenty-five years.
Chemistry Brings People Together: KŠB at the 2026 Evening of Czech Chemistry
Czech chemistry and the chemical industry are built on innovation, responsibility and the people who drive the field forward. On Thursday, 22 October 2026, leading figures from the field and industry representatives came together at the Grand Hotel International Prague for the Czech Chemical Industry Association’s annual Evening of Czech Chemistry.
