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Major changes have come into force under the 2023 tax law amendments in Hungary, which mainly include reliefs, such as the extension of the application of the 5% VAT rate on the sale of new housing on the one hand, but on the other hand, bring restrictions to real property related duties.

While Ukrainian law firms have to deal with issues ranging from power outages to effective work distribution, their intellectual property, tax, labor, and corporate law practices remain relatively busy, according to Baker McKenzie Managing Partner Serhiy Piontkovsky.

Wolf Theiss has advised the JP Hospitality Investors Club and the JP Immobilien Group on two hotel development and lease agreements for projects in Kitzbuehel and Trieste. DSC Doralt Seist Csoklich and Graf von Westphalen reportedly advised the two hotel operators.

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