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Austria Proposes Provisional Budget 2014

Austria Proposes Provisional Budget 2014

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Published by Yvonne Smith
A Provisional Budget for 2014 has recently been presented by the Vice Chancellor and Finance Minister. The budget includes provisions with regards to group tax regulations, golden handshakes and standard consumption tax, reports Nair & Co. which provides international tax consulting for companies expanding overseas.
A Provisional Budget for 2014 has recently been presented by the Vice Chancellor and Finance Minister. The budget includes provisions with regards to group tax regulations, golden handshakes and standard consumption tax, reports Nair & Co. which provides international tax consulting for companies expanding overseas.

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Published by: Yvonne Smith on Mar 01, 2014
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04/30/2015

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Austria Proposes Budget 2014
(Bristol, UK) - A Provisional Budget for 2014 has recently been presented by the Vice Chancellor and Finance Minister. The budget includes provisions with regards to group tax regulations, golden handshakes and standard consumption tax, reports Nair & Co. which provides international tax consulting for companies expanding overseas.
Provisions considered under the provisional budget are as follows:
 
 
Stringent group tax regulations
 
New standard consumption tax (Normverbrauchsabgabe) model
 
Amendment tothe self-
employed workers’ profit allowance regulations
 
 
Elimination of tax breaks for "golden handshakes"
 
Hike in the special stability contribution rate to 45% Being draft provisions, Nair & Co. advises companies operating in Austria to monitor its progress and consider carrying out a detailed analysis of the final regulations to assess actual impact. For more information about 
 or to learn more about our
 team please 
. 
 to regular 
 alerts from Nair & Co.
 
Get the latest news releases and updates on international tax, HR, Finance, compliance and other legal news at 
 
 
About Nair & Co.
 

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