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Austria: Tax Quota Grows Continuously

Published: April 12, 2014; 10:31 · (Vindobona)

Austria is well on the way to reach the top of the high-tax countries. Last year, Austria´s tax quota on labor income has reached the highest in its history.

Tax Pressure on Labor Grows / Picture: © Flickr

 

In terms of labor taxes, Austria has ever been a high tax country. Now, Austria is on the well track to reach the top position in Europe. Last year, Austria has reached the third place. Only in Germany and Belgium, taxes on labor income are higher.

In total, the tax quota on labor income amounts to 49.1%. At the end of 2011, the tax quota stood at 48.4%. The OECD…

This article includes a total of 95 words.

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