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Slight Fall in Corporate Tax
Politics ♦
Published: October 18, 2010; 15:48 ♦ (Vindobona)
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On the other hand, indirect taxes experienced an increasing trend. Despite tax competition, tax increases are expected due to budget needs.
Slight Fall in Corporate Tax / Picture: © KPMG
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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