ASB Group provided full tax and financial due diligence and transactional advisory to MY Park - a Czech retail real estate investor, during acquisition of ten retail parks in Poland. The transaction marks MY Park’s first investment in the country and an important step in its expansion across Central Europe.
Ewa Olszewska, Business Development Manager, has become this year's laureate of the Top Woman in Real Estate competition in the Tax & Accounting Services category! This distinction is awarded to women who make a significant contribution to the development of the real estate sector and related services – including supporting areas such as tax advisory, finance and banking, law, and project management.
Klara Cowan, our Group Payroll Director, will be speaking at GPA Payroll Symposium - an engaging industry event, dedicated to payroll and compliance topics.
Modern enterprises operating within corporate groups and engaged in international trade must navigate the complex challenge of reconciling two distinct yet interconnected legal frameworks: customs regulations and transfer pricing rules. Although these systems serve different purposes – the former focuses on determining the customs value of goods, while the latter ensures that intercompany transactions reflect market conditions – they often apply to the same transactions, creating significant tensions and compliance risks.
On March 7, 2025, the Chamber of Deputies unanimously approved an amendment to the Labor Code. The primary goal of the amendment is to increase flexibility in labor relations. These changes were also approved by the Senate and the President and will enter into force on June 1, 2025. Because it is necessary to thoroughly prepare for a number of new developments, in the following article we bring an overview of the changes that should not go unnoticed.
As of early April, the amendment confirming changes to the taxation of employee shares has officially come into force. Thanks to this change, employers now have the option to choose how employee shares and stock option plans are taxed.
As of 2025, Slovakia has implemented changes to its Personal Income Tax (PIT) system aimed at stabilizing public finances and promoting fairness. This article provides an overview of the current PIT structure, including tax rates, taxable income categories, deductions, and recent legislative amendments.
We would like to inform you, that the meal allowances for business trips have been legally increased as of April 2025.
ASB Group has provided advisory services for the acquisition of a logistics park, which, as of February 20, 2025, is newly owned by the Reico Long Lease fund. The value of this acquisition was approximately EUR 65 million.