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Austrian Bank Secret Remains Until 2017

Published: March 10, 2014; 09:49 · (Vindobona)

Austrian Finance Minister Spindelegger will present proposals for amendments of the EUSD tomorrow.

The Austrian bank secret for foreigner will not be abolished until 2017. / Picture: © Flickr

The Austrian bank secret for foreigners will be abolished in 2017, which is a year later than previously announced by EU Commissioner for Taxes Algirdas Semeta. At tomorrow’s ECOFIN meeting in Brussels Finance Minister Michael Spindelegger will present proposals for amendments of the EUSD (European Savings Directive).

While Austria will not yet give green light to the…

This article includes a total of 238 words.

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