Austria covers approximately 75% of the western Alps. Its economy was badly hit during 2007-2008; however, it has been successful in regaining its growth during the last four years. Its services sector is very strong and more than 67% of its work force is employed in this sector. Corporate taxes are at 25% and have been kept at this level for a very long time. The highest rate for personal income taxes reaches 50%. Private foundations benefit from very low corporate taxes and are exempt from paying on income from dividends, under determined conditions. All resident companies are subject to paying corporate taxes. In addition, resident companies must report their income on a global level, so that another tax can be applied. Non-resident businesses are taxed only for income obtained in Austria.
Offshore Banks in Austria:
Financial Market Authority (FMA)
Email: [email protected]
Telephone: (+43-1) 249 59-0
Related Categories
Directory > Offshore Banks
Steiermärkische Sp..
Country:Austria
Website:www.sparkasse.a..
Type:Commercial and Private ...
Client presence:N/A
Bank Austria..
Country:Austria
Website:www.bankaustria..
Type:Commercial and Private ...
Client presence:N/A
Erste Bank..
Country:Austria
Website:www.sparkasse.a..
Type:Commercial and Private ...
Client presence:N/A
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