The Financial Secrecy Index ranks Austria as the 35th safest tax haven in the world.
The highest marginal tax rate is 55% for people, whose yearly income exceeds 1,000,000 €.
At the shareholder level, the profit distributions are usually subject to withholding tax of 25% for corporations and 27.5% for other recipients.
The maximum contribution basis for regular payments amount to EUR 4,980 per month.
The maximum contribution base for special payments (those that do not occur on a monthly basis, such as a bonus) amounts to EUR 9,960 per year.
[8] An Austrian customer must pay the net sales plus 20% value added tax, which is listed separately on the supplier's invoice.
Value added tax is reduced to 10% on certain products, this applies to basic foods and printed material, for example.
[9] Individuals that do not have their place of abode nor their normal residence are only charged a tax for their Austria-sourced income.
Value added tax rate (Mehrwertsteuer) increased from 10% to 13% which might affect, for instance, culture, hoteliers etc.
In contrast, VAT rate for drugs, rents and food remained unchanged.