The
Austrian government's
decision to reduce the
corporate tax rate from
34% to 25% from 2005 led
to a
30% increase in successfully
concluded investment projects.
In
addition to the corporate
tax cut to one of the
lowest levels in the EU,
the reforms also contained
a number of measures designed
to reduce the tax burden
on multinational firms
using Austria as a base
for regional headquarters.
Austria
offers significant fiscal
concessions to corporates
through holding companies,
foundations and some tax-privileged
investment incentives.
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