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Latest posts

Posts Tagged ‘statutory interests’


Liability for tax arrear of acquired enterprise

30-06-2009

So far we?ve seen legal differences between purchasing shares and purchasing an enterprise. As you could read the matter is complex and multidimensional. Last time I shed also some light from the employment relationship angle, so this time let?s see in more detail the matter of liability for the tax arrears. Read more…

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Interests are due regardless of intention of the parties

27-03-2009

We may recently observe that entrepreneurs encounter problems to maintain financial liquidity. And since turnover credits are rather difficult to obtain there is a permanent deficit of cash on the market. As a consequence entrepreneurs try to impose distant terms of payment on their contractors. However even if parties agree to postpone the term of payment that does not exclude interests on the payment.

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