CONTINUEThis site uses cookies. By continuing to browse this site you are agreeing to our use of cookies. Find out more.
  1. Front Page
  2. News By Topic
  3. Austrian Finances Improve On Stronger Tax-Take

Austrian Finances Improve On Stronger Tax-Take

by Ulrika Lomas, Tax-News.com, Brussels

09 October 2014


Austria's deficit fell to 1.5 percent of gross domestic product after government revenue increased by 3.3 percent in 2013, according to new data from Statistics Austria.

Revenues from corporate income tax and social security contributions increased by 3.9 percent, revenues from indirect taxes rose by 1.3 percent, and taxes on income and wealth increased by 4.6 percent.

A bilateral tax agreement between Austria and Switzerland secured additional revenues worth EUR717.1m in 2013.

The deficit, reaching 1.5 percent of GDP in 2013, has improved significantly from 2.3 percent in 2012.

TAGS: tax | value added tax (VAT) | social security | Austria | Switzerland | import duty | revenue statistics

To see today's news, click here.

 















Tax-News Reviews

Cyprus Review

A review and forecast of Cyprus's international business, legal and investment climate.

Visit Cyprus Review »

Malta Review

A review and forecast of Malta's international business, legal and investment climate.

Visit Malta Review »

Jersey Review

A review and forecast of Jersey's international business, legal and investment climate.

Visit Jersey Review »

Budget Review

A review of the latest budget news and government financial statements from around the world.

Visit Budget Review »



Stay Updated

Please enter your email address to join the Tax-News.com mailing list. View previous newsletters.

By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.


To manage your mailing list preferences, please click here »