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Austria Still Blocks Agreement on Taxation of Interest Income
Politics ♦
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 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…
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