Taxation of Foundations in Europe
The fiscal privileges enjoyed by private foundations in Austria have recently become a Topic of heated discussion once again. When Austria abolished the estate and gift tax, the question was raised of what was to be done about the capital transfer tax of 5% payable on the value of assets transferred into a private foundation and which was designed as a flat-rate estate and gift tax.
Art der Publikation:
Otto Farny, Ani Degirmencioglu, Michael Franz and Gertraud Lunzer
The chambers of LabourThe chambers of Labour