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Tax Deal Fiercely Criticized

Published: April 16, 2012; 19:03 · (Vindobona)

Last week, Austria concluded a tax treaty with Switzerland. For experts, the deal does not solve the main problems.

Tax Deal Fiercely Criticized / Picture: © Flickr

Last week, Austria´s Finance Minister Fekter signed the tax treaty with her Swiss colleague Eveline Widmer-Schlumpf.. It is expected that Austrians have assets worth € 12bn to € 25bn in Switzerland. According to Swiss estimations, assets held by Austrians could be worth up to € 50bn. The Swiss financial service supplier Helvea says that 90% of these funds are still…

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Tax Deal Fiercely Criticized

Last week, Austria concluded a tax treaty with Switzerland. For experts, the deal does not solve the main problems.

Join us to succeed in Vienna!
Sign up to read articles for free and to get personalized updates on the events that interest you.