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Tax alert

NEWSLETTER: The tax side of real estate / October 2021

Get the RET right The tax side of real estate Periodic newsletter for the Real Estate sector October 2021 Companies that rent apartments for the residential purposes of their employees will have to pay VAT, according to the general ruling issued by the Minister of F...

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act BSWW legal & tax advises Adventum on acquisition of Mercedes-Benz building

Adventum Group, an investment fund manager operating internationally, has acquired the Mercedes-Benz building in Warsaw. act BSWW legal & tax provided Adventum with comprehensive legal assistance related to the transaction. The services rendered by the law firm inc...

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act BSWW legal & tax advises Interpump Group on EUR 278m cross-border transaction

Interpump Group S.p.A. acquired White Drive Motors & Steering business unit of Danfoss, consisting of three companies based in Poland, Germany and the US. The transaction value is EUR 278 million. The seller, Danfoss, is a global supplier of mobile hydraulics and e...

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act BSWW legal & tax at the National IT and Administration Convention

The 3rd National IT and Administration Convention will be held on 13-14 October 2021. Sebastian Pietrzyk, Attorney-at-law, Partner and Co-Head of Public Procurement Practice, will speak about the traps for the IT industry associated with the new Public Procurement Law....

Tax alert

NEWSLETTER: The tax side of real estate / September 2021

Get the RET right The tax side of real estate Periodic newsletter for the Real Estate sector September 2021 Services related to long-term lease should be covered by the 8% VAT rate, according to the so-called “binding rate information” issued on September 20, 2021 b...

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act BSWW legal & tax advises Adventum on EUR 84m acquisition of Sky Tower

Adventum Group, an investment fund manager operating internationally, is at the final stage of the EUR 84.42 million acquisition of Sky Tower, a landmark development in Wrocław, one of Poland’s biggest and highest mixed-use projects. Develia S.A. (the seller) and Adven...

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act BSWW legal & tax advises Adventum on purchase of Marynarska Point 1

Adventum Group, an investment fund manager operating internationally, has successfully closed the transaction of purchase from Savills Fund Management GmbH of the Marynarska Point 1 in Warsaw, a modern office building offering 13,000 sqm. of rentable office space. Thank...

Tax alert

NEWSLETTER: The tax side of real estate / August 2021

Get the RET right The tax side of real estate Periodic newsletter for the Real Estate sector August 2021 The lease of hotel/commercial premises for residential purposes will be subject to VAT and non-exempt, according to the advance tax ruling issued on August 05, 2...

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Michał Wielhorski – Managing Partner at act BSWW legal & tax – has been recommended as Notable practitioner by IFLR1000. For nearly 20 years Michał has been advising on all types of real estate projects, including financing of real estate investments. IFLR1000 i...

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Łukasz Świątek joins Capital Markets Team at act BSWW legal & tax

act BSWW legal & tax has strengthened its Capital Markets practice with the arrival of a senior associate Łukasz Świątek. Łukasz has over five years of experience in capital markets transactions, with a strong focus on tender offers, acquisitions of significant blo...

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act BSWW advises on sale of two retail parks

act BSWW legal & tax has acted on behalf of Rank Progress in relation to the sale of Miejsce Piastowe retail park and the preliminary sale agreement for Pasaż Wiślany retail park in Grudziądz. On July 29, 2021, Progress XXXVII sp. z o.o. (subsidiary of Rank Progres...