September' 2017 | Archive | Blog
Austrian Private Foundation Benefits2017-09-23
The private foundation is a popular alternative to the traditional trust solutions that have long been in use by wealth planners in the country. It is an onshore solution that offers double tax protection and has a medium level of taxation. One of our lawyers in Austria can give you more information about this type of foundation and highlight its benefits.
According to the International Monetary Fund, the tax cuts implemented in Austria in 2016 contributed to an economic recovery. While the growth was minimal during 2012-2015, it was revived in 2016, mainly driven by private consumption and a recovery of investments in Austria. One of our lawyers in Austria can give you complete information on the investment climate and the current tax regime for companies and individuals.