Article Tools

Austria: High Tax Country

Published: November 19, 2013; 17:55 · (Vindobona)

According to the new tax report of PrinceWaterhouseCoopers (PwC), the tax burden in Austria is ten percent higher than the average tax rate in the European Union and even beats Sweden.

Austria: High Tax Country / Picture: © Flickr

Austria is a high-tax-country. With a tax rate of 52.4 percent Austria is ten percent above the EU average of less than 42 percent and even beats the Swedish tax rate, which comes at 52.0 percent. This is the result of the latest tax report of PrinceWaterhouseCoopers and the World Bank.

Rudolf Krickl, partner at PwC Austria underlined that there is an urgent need of reforms in…

This article includes a total of 271 words.

or Log In

Fast News Search
Related News
Interest Rate Cut: “Very Effective Property Tax“ (November 8, 2013)
Austria: Struggling to Keep up with Economic Growth and Competitiveness (October 1, 2013)
Austrian Competitiveness Under Pressure (October 1, 2013)
Austria: ÖVP Rejects Tax Reforms by Social Democrats (September 18, 2013)
Kapsch: Enormous Problems at Austrian Business Location (August 28, 2013)
Read More
Brussels, Scandinavia, Sweden, Taxation, Labor Market, Labor Market Policy, Leaders, Georg Kapsch, IV Federation of Austrian Industries, Competitiveness, Eurozone, Germany, Hungary, Czech Republic, Slovakia
Featured
Embassy of the Kingdom of Spain in Vienna, Austria
Meet the Ambassador of the Czech Republic to Austria: H.E. Ms. Ivana Cervenková
Meet the Ambassador of Germany to Austria: H.E. Mr. Johannes K. Haindl
Meet the New Ambassador of the Kingdom of Spain in Austria: Juan Bautista Sunye Mendia
Meet the New Ambassador of Hungary to Austria: H.E. Mr. Andor Nagy
List of National Days of the home countries of all foreign Missions and Delegations in Vienna, Austria
See latest Vindobona Newsletter