Expropriation – recurring ‘heartburn’

It may seem that the post-communist ‘heartburn’ of expropriation accompanied by some fictitious compensation will eventually result in the well-established market value of the damages concerned. Unfortunately, the assumption in question has proved rather illusory. The Law Office pleads certain cases, where the economic entities, whose real property was expropriated, obtain damages excluding the goods and services tax, which tax should be subsequently deducted. In the reality it means that that the expropriation fails to reach the market prices. The matter has not only legal and tax aspects but also a constitutional dimension. All in all, what strikes us a lot is this repetitive outrageous unfairness in the realm of expropriation.

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