Taxation in Austria - Taxation News & Information

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State Tax Revenues Still Unstable

Overall tax revenue figures for US states have risen for the second straight quarter in 2010, however total collections are still lagging behind their pre-recession levels, lending uncertainty to future results.

No Tax Cuts for UK Taxpayers

UK taxpayers’ hopes for any reduction to their tax burden have been dashed for the next several years, after comments made by a UK Treasury official.

Irish Tax Take Declines

Tax revenues in Ireland fell 9 percent during the first eight months of the year, though the national Minister of Finance maintains that the economic recovery is still at an acceptable level with several key taxes performing better than expected.

Mexico Clamping Down On Money Laundering

Mexico could soon implement heavy restrictions on the use of cash for large purchases, in an effort to hinder the nation’s overwhelming levels of money laundering.

Immigration to Boost Latvian Economy

In order to bolster economy activity and government revenues Latvia has relaxed several of its immigration restrictions in an attempt to bring in greater levels of foreign capital and skilled employees into the country.

Mar 23, 20100

Hong Kong Signs Multitude of Tax Agreements

Categories: International Tax Cooperation, Taxation in Austria, Taxation in France, Taxation in Hong Kong, Taxation in Netherlands, Taxation in Switzerland

Hong Kong is heralding a new era of taxation transparency and cooperation, having signed three bilateral tax agreements and provided definite indications that it intends to amass the 12 required to be warranted a place on the Organization for Economic Development and Cooperation’s (OECD) list of nations adequately implementing international tax standards. The Hong Kong Government began the week with the signing of three separate Comprehensive Agreements for the Avoidance of Double Taxation (CDTA) with the Netherlands, Brunei and Indonesia. The signings, combined ... Read More

Sep 7, 20090

Austria Pushes for European Transaction Tax

Categories: International Tax Cooperation, Taxation in Austria, Taxation in EU

The Austrian government has voiced their opinion in favor of instating a Europe spanning transaction tax. Following a meeting of the Austrian Council of Ministers, the Austrian government has voiced its full support of creating a financial transaction tax system spanning the entirety of Europe. The idea was floated to the Austrian government in a paper written by Josef Pröll, Austrian Finance Minister. The aim of the financial transaction tax would be to rein in speculation on the financial markets and create a ... Read More