Aktualne: Minister wants abolition of gift tax in case of family farms

Agriculture Minister Petr Gandalovic wants new tax and social welfare reforms to include the abolition of gift tax in the case that a farmer gives his property to his child, Aktualne.cz reported. The move would save young farmers hundreds of thousands or even millions of crowns. Minister Gandalovic said it could also help improve the age structure in Czech agriculture. The government is due to announce a raft of tax and welfare reforms this week.