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Federation of Austrian Industry Defends Group Taxation

Published: July 20, 2013; 16:23 · (Vindobona)

The Federation of Austrian Industry (IV) argues that the Austrian business location would be endangered without the group taxation.

Federation of Austrian Industry Defends Group Taxation / Picture: © IV / Markus Prantl

Group of companies, which have their seat in Austria, are benefiting from tax privileges. Since 2004, foreign losses are deductible in Austria.

Christoph Neumayer, secretary general of IV, argues that the group taxation is one of the last assets of Austria. Without the group taxation, Austria´s status as business hub for the CESEE region would be endangered, he replies to the…

This article includes a total of 320 words.

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