CMS Bureau Francis Lefebvre have the pleasure to invite you to a workshop on 12 January 2012 from 8:30 am to 10:30 am in our office 1-3, villa Emile Bergerat – 92200 Neuilly-sur-Seine

This workshop will be introduced by François Hellio and will be presented by:

Prof. Dr. László Trócsányi (Ambassador of Hungary) and Dr. György Hevér (Commercial counsellor of Hungary):
Investment climate in Central and Eastern Europe and in Hungary – pitfalls and opportunities

Wolfgang Auf (former Yugoslavia):
Selected interpretations of local tax authorities based on tax inspections, in which clients were represented by CMS:

• Slovenia: transfer pricing and customs
• Croatia: input VAT refund
• Montenegro: withholding tax on consulting services
• Serbia: factoring and VAT
• Bosnia: loss-bearing transactions between related parties

Arkadiusz Michaliszyn (Poland):

• Special Economic Zones 
• Financing of Polish companies and distribution of profits

Eszter Kálmán and Tamás Fehér (Hungary):

• the Hungarian REIT system
• capital gains exemption on IPs and participations

Thank you for registering by email with Caroline Fabre : caroline.fabre@cms-bfl.com