D 2015

The Tax Effects of Family Business Succession

VINCENCOVÁ, Eva, Monika HODINKOVÁ and Roman HORÁK

Basic information

Original name

The Tax Effects of Family Business Succession

Name in Czech

Daňové dopady následnictví v rodinném podnikání

Authors

VINCENCOVÁ, Eva, Monika HODINKOVÁ and Roman HORÁK

Edition

9. vyd. Zvolen, p. 303-310, 8 pp. 2015

Publisher

Technická univerzita Zvolen

Other information

Language

English

Type of outcome

Proceedings paper

Field of Study

50200 5.2 Economics and Business

Country of publisher

Slovakia

Confidentiality degree

is not subject to a state or trade secret

Publication form

electronic version available online

Organization unit

STING ACADEMY

ISSN

DOI

Keywords (in Czech)

následnictví, rodinné podniky, převod podnikání, převod vlastnictví, Česká republika

Keywords in English

succession, family business, transfer of business, ownership transition, Czech Republic

Tags

International impact, Reviewed
Changed: 9/12/2016 23:36, doc. Ing. Roman Horák, CSc.

Abstract

V originále

Ensure the continuity of the family business requires a solution of the succession question in the leadership or the transfer of the company. The succession issue affects many factors. The paper will be focused on the issue of the tax effects of the family business succession. In 2014, there was a significant change in legislation in the Czech Republic, entered into force the new civil code, which has done a fundamental change in the area of income taxes, inheritance and gift taxes. The main aim of the paper is to identify tax effects of the family business succession, transition of ownership and leadership of family business from the perspective of current legislation. The analysis and comparison methods were used for the purpose of the research. The research findings show a significant impact of the new legislation on the taxation of family business succession.