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Austrian Tax Intake on the Rise

Published: July 24, 2012; 18:57 · (Vindobona)

In the first half year, tax intake was up by 4.7% to € 33.4bn. Bank taxes and withholding taxes were down.

Austrian Tax Intake on the Rise / Picture: © Flickr

According to the newest fiscal balance issued by the Austrian Ministry of Finance, taxe intake was up by 4.7% to € 33.4bn. From January to June, the relatively high employment and the favorable wage increases caused a substantial rise in tax intake. Above all, wage taxes and corporate income taxes were up. Bank taxes and withholding taxes declined

In the first six months, wage…

This article includes a total of 78 words.

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