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Austria About to Lose Fiscal Secret

Published: April 9, 2013; 13:20 · (Vindobona)

The Austrian government declared to negotiate with the EU about the abanonment of the fiscal secret.

Austria About to Lose Fiscal Secret / Picture: © Flickr / SPÖ Presse und Kommunikation

As declared by Luxemburg before, Austria too has now announced the abandonment of the fiscal secret for foreign investors. After the Council of Ministers, Chancellor Werner Faymann has revealed his purpose to lead talks about the automatic information exchange with the EU. Vice Chancellor Michael Spindelegger emphazised that the automatic exchange of data will not involve all savings…

This article includes a total of 232 words.

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