Tax and legal news
The Ministry of Finance has prepared amendments to some tax laws that should become effective from 2017. The amendment concerns, among others, the Income Tax Act, the VAT Act and the Tax Code. The amendments are currently under review. We briefly describe some of the proposed changes.  more...
As we pointed out last year, the application of a VAT exemption to the transfer of real estate has undergone fundamental changes as of 1 January 2016, especially in the case of the transfer of land intended for development or the transfer of buildings that have been renovated. The VAT Act provides a new definition of “building land” and a new approach to restarting a three-year period for the compulsory application of value-added tax to the sale of buildings after the so-called “substantial change”.  more...

KempHoogstad Tax Advisors

KempHoogstad (Prague, Czech republic) was founded in 2006 by tax advisors and lawyers who have acquired their experience at reputable international law and tax firms. The quality of our services is comparable with those provided by big international law firms and tax advisory companies. We are smaller but highly specialised, and we provide our services more promptly and more efficiently than our competitors.

You can rely on our top expertise gained during various projects and transactions related to Czech and international tax law, structuring of intragroup financing, mergers, acquisitions, due diligence, real estate, and others. Moreover, we provide services in the field of compliance, such as preparation of corporate or personal income tax returns, as well as indirect and other taxes.

You can also use the services of our partner tax firms abroad.

We know all our clients personally, which helps us to design tax scenarios tailored to their needs and requests. Completing an assignment does not mean the end of work for us. We always provide something more in the form of suggestions and advice that help our clients achieve their business goals.

We have access to sensitive financial data when working for our clients. We, therefore, take extra precautions in handling the data professionally and keeping it safe. Our advisors are experienced in dealing with highly respected managers and in working on important transactions. In this respect, the confidentiality of information is a high priority for us.

Our complete independence as a tax advisor or consultant is the most valuable benefit to the interests of our clients. We are specialists in tax law, and we cooperate with our clients' lawyers, notaries, accountants and other institutions. We always act according to our own discretion, independently, and we always prioritise the interests of our clients.