The law prohibits the disposal of Vzajemna shares until they are listed on the stock exchange. Until then, the shares cannot be traded or entered into any other transaction that could lead to a disposition. The only exception is the transfer to family members in accordance with Article 15 of the ZSPVZZ. After listing, holders may dispose of their Vzajemna shares freely.
The ZSPVZZ has provided for tax advantages for holders of shares. The beneficiary does not pay income tax on the payment received or on the shares received. Similarly, no income tax is payable on any capital gain (which is generally the difference between the value at which the shareholder sold the shares and the value at which the shareholder acquired the shares). These benefits do not apply to family members to whom the beneficiary has transferred the shares.
The ZSPVZZ has provided for tax advantages for holders of shares. The beneficiary does not pay income tax on the payment received or on the shares received. Similarly, no income tax is payable on any capital gain (which is generally the difference between the value at which the shareholder sold the shares and the value at which the shareholder acquired the shares). These benefits do not apply to family members to whom the beneficiary has transferred the shares.
