Austria: Fiscal Stability Package 2012: Planned Tax Law Amendments in Real Estate Taxation

Real Estate Tax Services Newsalert ()

On 17 February 2012 the Austrian Federal Government presented a draft bill of the long expected consolidation package 2012 – 2016. The stability package shall raise 26.5 billion Euros for the budget over the next 5 years, of which 7.5 billion Euros should be gained from tax revenues.