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Tax Returns Take 170 Hours
Politics ♦
Published: December 13, 2011; 18:05 ♦ (Vindobona)
In order to settle their tax duties, Austrian companies have to take much time compared to other EU members.
Tax Returns Take 170 Hours / Picture: © Vindobona.org
According to a study by the business advisory group PwC, Austrian enterprises have a higher burden regarding tax returns than other enterprises in EU member states. On average, it takes 170 hours to handle the tax duties in Austria. Thus, Austria is on rank number 57 among 183 analyzed countries. Within Europe, the lowest burden on enterprises can be observed in Luxembourg, where the…
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