Who will benefit from the tax reform?
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The latest reform of the Austrian tax system, which came into effect at the start of 2016, was expected to reduce the burden on taxpayers by EUR 5.2 billion. It has now emerged that the reduction will not be as high: calculations by the Austrian Institute of Economic Research (WIFO) point towards a net decrease – i.e. including all newly introduced taxes – of around EUR 1.4 billion in 2016 and an estimated EUR 1.8 billion this year.
Read more ...- Author: Dénes Kucsera, Monika Köppl-Turyna, Michael Christl
- Date: 06. June 2017
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