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Austria Still Blocks Agreement on Taxation of Interest Income

Published: June 27, 2012; 18:50 · (Vindobona)

The Commission of the European Union wishes Austria to give up its blockade against a reform of the direction on the taxation of interest income. Austria stands by its oppositional attitude.

Austria Still Blocks Agreement on Taxation of Interest Income / Picture: © Flickr

Austria gave the European Union the brush off. Chancellor Werner Faymann explained that Finance Minister Maria Fekter already clarified Austria´s position recently and that nothing has changed so far.

The EU wants Austria and Luxemburg as last EU-members to give up their blockade against the negotiation over the taxation of interest gains with other states. The scope of…

This article includes a total of 304 words.

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