Austria As High-Tax Country

BusinessEconomy ♦ Published: April 25, 2012; 20:11 ♦ (Vindobona)

According to the World Bank and PwC, enterprises have to bear a relatively high tax burden in Austria.

Austria As High-Tax Country / Picture: ©

According to the study “Paying Taxes 2012 – The global picture” by PricewaterhouseCoopers and the World Bank, Austria is classified as “expensive”.

Not only the corporation tax, but also non-wage labor costs and other fees are observed in 183 countries. In total, the tax level reaches 53.1%. in Austria. Germany´s tax level amounts to 46.7%, Italy´s total tax level…