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Sorger „Focusing on Business Location“

People ♦ Published: February 4, 2012; 10:56 ♦ (Vindobona)

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The President of the Federation of Austrian Industries, Veit Sorger, reaffirmed the strengthen Austria´s economic competitiveness.

Sorger „Focusing on Business Location“ / Picture: © Flickr / Michael Thurm

“We have to compete. Every second workplace depends on exports. We cannot afford to be surrounded by low-tax countries.”, Veit Sorger said. “Last year, Austrian enterprises paid € 1.1bn more taxes than forecasted. The corporation tax intake rose by 14%. We should remember that a cut in corporation tax could increase tax intake.”

For Sorger, the group taxation is…