Tax Intake Higher Than Expected

Business › Economy ♦ Published: April 6, 2012; 11:48 ♦ (Vindobona)

In the first two months of 2012, the Austrian state received € 460m more tax proceeds than initially expected.

Tax Intake Higher Than Expected / Picture: © Vindobona.org

Compared to January and February 2011, the first two months of 2012 bring higher tax revenues than planned. Especially income taxes show a substantial increase.

Despite a rise in unemployment, the wage tax intake was up by € 184.7m compared to the reference period of 2011. The reason is that employment was up too. In the first two months, wage tax revenues reached €…

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