family businesses in Europe

European Parliament resolution of 8 September 2015 on family businesses in Europe

Family businesses in general have in the past made a large contribution to a surge in the European economy and play a significant role in economic growth and social development, in reducing unemployment, particularly among young people, and in investment in human capital. Past 8 September 2015, the European Parliament underlined the importance of family business, and call for (1) developing a clear definition of family business; (2) providing official statistical data (Eurostat), and (3) studying the main characteristics of family businesses. Secondly, the European Parliament calls on the Member States to ensure that national rules on the taxation of inheritance and gifts, on debt and equity and on corporate taxation support, rather than discriminate against, equity financing, which is so vital for family businesses.

TAGS >

Post a comment