Government Adapts Capital Gains Tax on Securities

Politics ♦ Published: November 29, 2010; 11:46 ♦ (Vindobona)

Taxation will be implemented from October 1; loss compensation is allowed. There are no essential changes however.

Government Adapts Capital Gains Tax on Securities / Picture: © Vindobona.org

The government has met the demands of the representatives of the fund providers only slightly.  The decision made as part of the austerity package applying the tax on securities capital gains remains essentially as planned.

Taxation of income will be effected now as of October 1, whereas it had been previously scheduled for July 1. However, tax obligation starts on January 1,…

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