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How do New Tax Provisions Impact PRS Funds?
The issue of taxing “wholesale” apartment purchases resurfaced on Friday 26 May 2023. Poland’s Lower House, the Sejm, held another reading of the proposed amendment to the Real Estate Management Act, which included a provision on taxing such purchases. Specifically, the amendment provides for a 6% civil law transactions tax (CLTT) on the purchase of …
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EU Approval of Alumetal Deal underlines Importance of Green Transition
Competition lawyers have said the European Commission’s decision to unconditionally approve Norsk Hydro’s €232 million acquisition of Alumetal after an in-depth review suggests the agency is anxious about deals affecting the bloc’s green transition. The enforcer said in a statement yesterday that it has closed its seven-month Phase II probe into the acquisition after finding …
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Recognition
Penteris Best Legal & Financial Services – CEEQA
It is our great pleasure to announce that Penteris has been nominated Best Legal & Financial Services team in this year’s CEEQA 2023 Awards longlist. CEEQA, the Central & European Real Estate Quality Awards, encourage thought leadership & business excellence throughout the real estate market across CEE. For Penteris to be once again nominated for …
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