Impacts of tax changes on business environment

The particular components of a tax system are popular tools of political representatives in order to achieve goals of public finances, to reduce consequences of economic cycles or to accomplish political promises. Especially, the current conditions of an uncertain economic stability have allowed the taxes to become popular instruments of a business support. The tax changes may be realized in the form of small changes of particular tax structural elements or in the form of a tax reform. In vocational literature the changes in the form of a tax reform and their impact on public finances are usually analyzed. Less often are investigated impacts of tax reforms and other tax changes on business environment conditions. The goal of this paper is an analysis of researches discussing impacts of tax changes on business entities and how these changes may affect business activities of the entrepreneurs in an indirect way, i.e. through impacts on business environment and in a direct way, i.e. through impacts on a financial structure of business units. To achieve the goal methods of analysis and synthesis were used.