Austria: First Tax Tranche from Switzerland Transferred

People ♦ Published: July 25, 2013; 13:05 ♦ (Vindobona)

The first tranche of the tax agreement between Austria and Switzerland in the amount of € 416.7m was transferred. Fekter considers it “a great success for Austria and the taxpayers”.

Austria: First Tax Tranche from Switzerland Transferred / Picture: © Wikipedia / World Economic Forum (Heinz Tesarek)

Finance Minister Maria Fekter presented herself very satisfied with the results. “The Swiss Federal Tax Administration has transferred the first tranch of our tax agreement in the amount of € 416.7m today. This is a good day for Austria and all honest taxpayers in our country,” Fekter said. “This great success proves that we proceed in the right direction,” the Finance…