Austria: Solution for Bank Secret Issue Until May 22

People ♦ Published: April 29, 2013; 10:53 ♦ (Vindobona)

After the recent turbulances within the Austrian government coalition, Chancellor Werner Faymann hopes to find an agreement with the EU concerning the bank secret until May 22.

Austria: Solution for Bank Secret Issue Until May 22 / Picture: © Flickr / Werner FaymannFlickr / SPÖ Presse und Kommunikation

In an interview with Austrian public radio, he announced that the government seeks a result for the automatic exchange of information in the interest of the fight against tax fraud in Europe. The Chancellor stressed that in the future Austria will enhance making suggestions to fight tax evasion. The bank secret for domestic investors was, according to him, not involved but the…

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