Ernst & Young benefit from a good spread of tax capabilities across each of their service lines. The group has more than 100 fee earners and is headed by Libor Fryzek.The practice is made up of five different service lines. The international tax group ...
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Ernst & Young benefit from a good spread of tax capabilities across each of their service lines. The group has more than 100 fee earners and is headed by Libor Fryzek.
The practice is made up of five different service lines. The international tax group is led by Fryzek and deals with cross-border advisory and transfer pricing issues. The business tax service line is led by Ondrej Janecek. Their work includes advisory, compliance and tax planning. The transaction tax team is headed by René Kulínsky. The work here is mainly cross-border and the group are comfortable advising on transactions that involve several jurisdictions.
Martina Kneiflová is head of the human capital group and regularly advises clients on benefit and compensation schemes. Jan Capek leads the indirect tax group, which involves advising on supply chain issues, taking into consideration both VAT and customs issues.
The group advises clients from a range of different sectors such as financial services, entertainment, technology, energy, real estate, construction, and consumer products on both domestic and cross-border tax issues. This year the tax team advised a large company on the disposal of part of the Czech group. This was a complex matter which involved setting up a tax structure with tax implications in five jurisdictions. The group's advice included the disposal and also the distribution of sales revenue to the parent company in the most tax efficient manner.
The group also successfully represented a client in a well-known tax dispute with the authorities. This centred on the deductibility of financing costs after dividend distributions. Other work this year included advising a large client on transfer pricing issues regarding the flow of goods and provision of services within a group.
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