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Slight Fall in Corporate Tax
Politics ♦
Published: October 18, 2010; 15:48 ♦ (Vindobona)
On the other hand, indirect taxes experienced an increasing trend. Despite tax competition, tax increases are expected due to budget needs.
The average rate fell slightly in 2010 for corporate taxes, from 25.44% to 24.99%. In contrast, indirect tax rates increased worldwide by 0.2 percentage points (from 15.41% to 15.61%). A study released by KPMG (Corporate and Indirect Tax Survey 2010) shows significant changes in the international tax system.
The Austrian corporate tax rate remained stable at 25%, staying well…
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