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CEOs of Stock Exchange Alert: Vienna´s Taxation Plans Cast Investors out

Published: October 14, 2010; 17:29 · (Vindobona)

The heads of Vienna´s stock exchange, Schaller and Bohl, fear that the introduction of capital and transactional taxes downgrades Austria´s capital market.

CEOs of Stock Exchange Alert: Vienna´s Taxation Plans Cast Investors out / Picture: © Wiener Börse AG

The two bosses of Vienna´s Stock Exchange caution about the government´s taxation plans, which contain taxes on speculative gains, stock exchange taxes, tax on assets. The adverse effects are caused by the need of Austrian corporations for more equity, which are relatively undercapitalized in comparison to other European corporations.

Due to Basel III, taking out loans in…

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