The law firm’s tax practice advises on various tax compliance and legal work, including employee compensation and stock option plans. It has the ability to use both its tax and legal teams to assist MNEs and local clients. It has more than 800 tax professionals in more than 40 countries that can assist in cross-border tax transaction work. Pavel Fekar is the head of tax and Eliška Komínková is a senior tax specialist.
During the research period the firm advised Illinois Tool Works on the tax aspects of an in-kind contribution of majority participation interest.
Deloitte has one of the largest tax practices in the Czech Republic, with more than 220 tax professionals led by nine partners. The accounting firm offers various compliance work such as R&D tax claims and legal advisory services from Deloitte Legal, which has more than 50 lawyers. Some industries the firm is experienced in include automotive, IT, pharmaceuticals and TMT.
The tax team advised a construction and development client in an intragroup reorganisation valued at $90m. The firm provided feasibility studies for the steps that needed to be taken, assessing the models with the applicable tax and accounting legislation for the performed business combinations.
Dentons has an established tax team advising MNEs and local clients in various industries and areas of tax. The tax team is experienced in strategic tax planning and the structuring of M&A and other corporate and financing operations. The tax practice has one partner, Petr Kotáb, and two associates who are experienced in the energy, manufacturing, retail, financial services and more.
The firm represented energy company Sev.en EC before the Constitutional Court for illegal imposed gift tax onto emission allowances. The case was valued at €40m.
Czech law firm Weinhold Legal, located in Brno, provides tax services and specialises in tax litigation. The firm has experience advising on both Czech and Slovak tax matters. It is in an alliance with Big Four firm EY. The two tax partners are Daniel Weinhold, head of department, and Marin Lukáš.
International law firm White & Case has an experienced tax team providing compliance and legal work to various international and domestic companies. The team can advise clients on a stand-alone basis and by supporting the M&A team on transactional and structuring work. Jan Pařík is the tax partner leading the team.
The tax team advised BMO Real Estate on its purchase of an office centre estimated at €80m. The role of the tax team was to provide due diligence, tax structuring and relative steps prior and post transaction.