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Economy in hibernation and cost of financing

27.4.2020
This newsletter loosely follows our previously published comment concerning the development of real estate prices in the context of the economic downturn, with a specific focus on the impact on what are called Prime Yields. In this article, we complete our view with the possible development of the cost of the financing of real estate […]
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Coronavirus and Real Estate

22.4.2020
What impact can the coronavirus have on the valuation of commercial real estate? Having hit almost all areas of the Czech economy, the COVID-19 pandemic is, without doubt, one of the main and hottest topics. Having paralysed business activity, put the lid on a number of manufacturing plants, stopped tourism, and shut down restaurants and […]
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VAT as a part of the real estate acquisition tax base – continued

28.11.2017
As presumed in our previous newsletter, the case of the village of Střelské Hoštice continues with a rather nice surprise. This time, however, the surprise came from the tax administration itself. The tax administration published a new press release on 24 November 2011 in which it significantly expanded on its original statement of September 2017. More […]
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Is VAT included in the real estate acquisition tax base?

25.9.2017
The principle of the benefit of the doubt has helped many taxpayers to save on tax. However, the taxpayer must usually enforce the principle by legal action. This was the case of the village of Střelské Hoštice that has recently attracted much media attention. What was it about and what effects does it have on […]
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Real estate acquisitions more expensive for developers after 1 November 2016?

22.8.2016
About half a year ago, we informed you about changes made by the Senate’s legislative measure regarding real estate acquisition tax. These also include a major change as to the payer of the tax. After many discussions and negotiations, an amendment was published in the Czech Republic’s Collection of Laws last week, stipulating that in […]
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