WKB's tax team provides services in the following practice areas: corporate tax, personal income tax, transaction taxes (VAT and civil transactions tax), customs, and international tax law. Our law firm ensures clients professional and comprehensive tax assistance to eliminate threats and to reduce the tax burden, while controlling and streamlining the tax aspects of their businesses. To this end, WKB has developed financing schemes both for working capital purposes (with the assistance of foreign tax advisors) and for specific transactions. Our support involves analyzing the tax law of the European Union and case law of the European Court of Justice.
WKB’s speciality includes:
- Routine corporate tax advice, including issues such as tax-effective business financing, tax treatment of financial expenses, transfer pricing, bad debt streamlining and management, tax aspects of marketing activities, tax-effective management of company expenses, taxation of dividends, interest, royalties, etc;
- Routine VAT advice;
- Review of client contracts with a view to elimination/mitigation of tax risks;
- Tax review of other client documents, such as Terms of Reference for public procurement procedures;
- Transaction advice in business restructuring (M&As, splits, privatizations, stock deals), asset deals, enterprise deals and acquisitions of selected assets such as know-how;
- Personal income tax advice and assistance in selection of the best taxation scheme for independent contractors, including drafting executive contracts, contracts of employment, contracts for services and contracts for specific work, review of option plans and of employee-related expenses of employers;
- Advice on directors’ liability and corporate liability for tax crimes and misdemeanours;
- Services related to other taxes, such as real estate tax, agricultural tax or inheritance and gifts tax.
Importantly, our tax team provides tax proceedings assistance. This includes supporting our clients in the course of tax audits, as well as representing them before administrative courts at all levels.