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Trusts

Ranking: Austria Among the Most Non-Transparent Financial Centers Worldwide

Today, the Financial Secrecy Index (FSI) of the Tax Justice Network (TJN) has been published. 73 countries have been analyzed.

October 4, 2011

Foundations: Greater Legal Certainty for Founders

A new amendment to Austrian private foundations law allows more clarity for private founders.

December 22, 2010

Sharp decline in Creation of New Foundations

In particular, legal uncertainty and abolished tax advantages cause the creation of fewer foundations in Austria.

November 10, 2010

Is the End of Private Foundations Near?

Legal uncertainties and higher taxes result in little incentive for the creation of new foundations.

October 27, 2010

Bank Tax: Demands for Time Limit Becoming Louder

Financial politicians and banking representatives already argue before approval of the draft law, if the bank tax to be introduced in 2011 is going to have a time limit.

October 27, 2010

Property Tax is Not Unconstitutional

Property tax is constitutionally unobjectionable; concerns about unit values for calculation of income tax for foundations are however maintained for now.

October 15, 2010
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