Archives: Linkedin články

What to do to improve the Slovak capital market?7 quick wins, as Slovakia does not have the capacity for reforms today.

👉 Problem 1: There are hundreds of “large SICAVs” in the Czech Republic, 0 in the Czech Republic; 👉 Problem 2: Impossibility of predictable operation of a smaller real estate fund; 👉 Problem 3: Ambiguity of fund accounting (e.g., does it tax/not tax valuation differences?) and high administrative burden; 👉 Problem 4: Strange views of […]

🏆 Law Firm of the Year 2025 – Capital Markets

Last week, we took home the Law Firm of the Year award in the Capital Markets category for the second year in a row. I have been working on financial law and capital markets – with minor breaks – since 2015. For the last four years at Highgate Law & Tax, my practice has focused […]

🔍 Selling the company in 2025? The market plays into the hands of buyers.

If you are a business owner considering a sale or an investor looking to acquire a business – prepare yourself for a new market situation. 📊 The CMS European M&A Study 2025, based on an analysis of 582 transactions in 27 European countries, provides valuable insights – buyers are increasingly insuring their positions and transferring […]

Why is the regulation of payment services key to the financial transaction tax? ⚖️

Although tax law is not my main area of expertise, in recent months Peter and I have been working extensively on financial transaction tax issues. Not only because of the many exemptions that apply to our clients – financial institutions, but mainly because the terminology of the Financial Transaction Tax Act (FTT Act) refers extensively […]

How to sell a business well. A (re)sell conference on selling companies.

  Last Thursday we managed to do something extraordinary. ✨ At our conference, we provided business owners with know-how from owners of “exited” companies, transaction advisors, M&A valuation specialists, tax and legal advisors as well as venture capital and private equity investors. In terms of numbers, we have packed decades of experience in selling and […]

That stablecoins are exempt from transaction tax is not entirely true. 👉

  I often now come across the view of some advisers that by using stablecoins for payments, the taxpayer will be exempt from transaction tax. Beware, this is not true in many cases ! Example: 📌 The SK company uses the services of an escrow provider; 📌 The SK company pays the invoice to the […]

How to avoid the financial transaction tax?

  Within the basic discourse on the FTT, it is possible to come across standard and, in principle, intuitive solutions such as: ✅ Paying larger amounts, ✅ paying with a company card, ✅ using cash, ✅ accounts at one bank, etc. Working with our clients regulated by financial market law, we have identified 3 superstructure […]

💡 WHAT IS THE INTERSECTION BETWEEN M&A AND FINANCIAL REGULATION?

  Although bank financing is the standard for M&A transactions, it is not the only option, with various regulated structures providing an alternative. Examples include loan or investment crowdfunding, bond financing or the creation of an investment fund. However, such structures pose a number of regulatory and legal challenges: 🔍 Is it possible to flexibly […]

If the new transaction tax (TT) had a visual, it might look like the two of us in the Christmas party photo🤪

The financial transaction tax reminds me of the circus 🤡 and a throwback to the days when Fred Flinstone lived 🦕. 1.4. is knocking at our door, and the more we dig into the subject, the more we come up with all sorts of absurd scenarios. With Martin Tužinský we simulated corporate payments and issued […]