European Family Business Barometer – Determined to succeed
In the 4th edition of the European Family Business Barometer, European Family Businesses (EFB) and KPMG once again seek to bring an insight into the confidence levels of family businesses, the challenges affecting their everyday operations and the solutions they seek to ensure their development and sustainable growth. This year we see the majority of family […]
Position Paper on the own-initiative Report ” Family Businesses in Europe”
In its positon paper EFB expands on the challenges faced by family business within their current economic and legislative environment.
EFB response to consultation on the Small Business Act (SBA)
In this paper, EFB lays out its position on the European Commission conusltation on the Small Business Act. European family businesses supports the review of the Small Business Act. We would like to emphasise that this process is a good opportunity to refocus EU support for Small and Medium-sized enterprises (SMEs) and entrepreneurs on areas that […]
The Constitutionality of the German Inheritance Tax Regime for Family Entrepreneurs
On the 17th of December 2014, the Federal Constitutional Court ruled that elements of the inheritance tax regime exempting successors of family-owned companies from paying inheritance tax are unconstitutional and ordered the government to revise an tighten the law by June 2016.
European Family Business Barometer – A more confident outlook
In this third bi-annual European Family Business Barometer, European Family Businesses (EFB) and KPMG once again seek to bring an insight into the confidence levels of family businesses, the challenges affecting their everyday operations and the solutions they seek to ensure their development and sustainable growth. It is reassuring to see that despite continuing nervousness […]
Debt Bias in Corporate Taxation and the Costs of Banking Crises in the EU (October 2014)
During the period 2008-2012, EU governments incurred substantial costs bailing out banks. As corporate income taxation (CIT) in most countries still favors debt- over equity- financing, reducing or eliminating this debt bias would complement regulatory reforms reducing costs of financial crises. To estimate this effect, we use a two-step approach. First, using panel regressions on […]
European Family Business Barometer – Setting the pace for growth
The latest figures from the Eurozone may be predicting restrictive growth figures but for family businesses the future appears bright. In this latest edition of European Family Business Barometer, European Family Businesses (EFB) and KPMG once again seek to bring an insight into the confidence levels of family businesses and the challenges that they see […]
Addressing the Debt Bias: A Comparison between the Belgian and the Italian ACE Systems (June 2014)
This paper reviews the experiences of Belgium and Italy with ACE-type systems of corporate taxation. The comparison focusses on the definition of the base for the computation of the allowance and the anti-avoidance framework to tackle abuses. It is argued that the Italian system, with its incremental feature and a comprehensive anti-avoidance framework targeting transactions […]
European Family Businesses Tax Monitor 2014
EFB and KPMG have teamed up to launch the first European Family Business Tax Monitor which compares the tax treatment of inter-generational family business transfers in 23 European countries.
European Family Business Barometer
Read the document below.