Sponsored Content
Austria: On Verge of Losing Business Attractiveness
Politics ♦
Published: January 15, 2014; 10:27 ♦ (Vindobona)

Sponsored Content
The new tax package does not only burden car drivers and smokers but also the economy will have to contribute to the budget with several hundreds of millions of Euros annually.

Some of the impending tax burdens for the Austrian economy are group taxation and a restriction in the tax-free profit allowance for self-employed persons. Moreover, only up to € 500,000 in wages annually can be written off against tax.
Apart from a few exceptions, Austria has long ago stopped being attractive for businesses from a tax perspective. Infact, it can undoubtedly be…
or Log In
Sponsored Content
Sponsored Content
Sponsored Content
Fast News Search
Related News
Nowotny Sees Growth Potential in Eurozone and CEE (January 14, 2014)
Austrian Budget Planning to be Completed in May (January 13, 2014)
Austria: Wifo Expert Calls for Structural Tax Reform (January 10, 2014)
Austria: First Tax Package to Be Presented (January 8, 2014)
Austria: High Tax Country (November 19, 2013)
Sponsored Content
Read More
Featured