Competitiveness / Tax & Finance
This section feature research, opinion and progress reports on how the Czech Republic compares to other EU countries economically. It includes analysis of international rankings such as the WEF and World Bank.
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Global family business tax monitor
For business families planning to transfer their business from one generation to the next, the tax costs can vary widely, depending on where the business is located. Some countries offer substantial tax breaks to help family businesses succeed and grow in the hands of the next generation. Other countries tax transfers within families the same as any other transaction, creating significant costs.
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Experts at tax policy discussed tax plans with the Ministry of Finance on 16 May
On May 16 Stanislav Kouba, a director of the Income Tax Department, Ministry of Finance discussed the Income Tax Act and future tax policy with Peter Chrenko, Partner at PwC and the American Chamber of Commerce members at AmCham roundtable.
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CMS European M&A Study: Sellers take centre stage as European M&A deal value surges in 2017
European M&A witnessed a bumper year in 2017 compared to 2016, whilst global M&A activity fell by 3% in value and 1% in volume.
Sellers were more successful in shifting risk to buyers in private company M&A than at any time in the last decade
Stark differences in seller/buyer risk allocation remain embedded in the US and European deal structures for private company M&A
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Financing SMEs and Entrepreneurs 2018: An OECD Scoreboard
Acccording to Financing SMEs and Entrepreneurs 2018: An OECD Scoreboard, in 2016, there were roughly 1.1 mil. active enterprises in the Czech Republic. 99.8% of these firms were SMEs with less than 250 employees each. Together, they employed almost 1.8 mil. people or 58.4% of the Czech Republic's workforce. Micro-firms dominated the business landscape, comprising 96.3% of all SMEs in 2015.
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Open Society/Radio Prague: Study: Almost 10 percent of population pursued by debt collectors
An enormous number of Czechs – almost 10 percent of those over the age of 15 – are in trouble with debt-collecting bailiffs. Indeed, more than 150,000 people in this country are facing a minimum of 10 distraint orders, according to the latest edition of a map of such cases released in mid-February, Radio Prague writes based on Open Society non-profit organization study.
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