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Dentons Successful for Veolia Energie CR in Dispute with Czech Tax Authorities

Dentons Successful for Veolia Energie CR in Dispute with Czech Tax Authorities

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Dentons’ Prague office has successfully represented Veolia Energie CR in a dispute with Czech tax authorities regarding interest from illegal gift tax.

According to Dentons, “the case concerned a gift tax imposed on all emission allowances allocated to power plants in breach of the EU law.” According to the firm, “after the European Court of Justice declared this tax illegal in the Skoda Energo case, the Czech tax authorities correctly reduced the tax but refused to pay the interest accrued as a result of the illegally imposed tax.”

The Czech Republic's Supreme Administrative Court ruled that the tax authorities have to pay interest starting from the date when Veolia Energie paid the illegal tax.

The Dentons team included Partner Petr Zakoucky, Managing Associate Barbora Obracajova, and Associates Michal Pelikan, Justina Bodlakova, Jan Tyls, and Anna Urbanova.

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PRK Partners, one of the leading Central European law firms, has been helping clients achieve their business objectives almost 30 years. Our team of lawyers, based in our Prague, Ostrava, and Bratislava offices, has a unique knowledge of Czech and Slovak law and of the business environment. Our lawyers studied at top law schools in the United States, United Kingdom, Switzerland and elsewhere. They also have experience working for leading international and domestic law firms in a number of jurisdictions. We speak your language, too. Our legal team is fluent in more than 15 languages, including all the key languages of the region.

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