SPÖ Proposal: Top Tax Rate Starting From 500,000 Euros
9 Articles
9 Articles
So far, this rate only applies from one million euros. Also the current limitation period until 2029 is to fall, the rate is to apply indefinitely.
The planned social assistance reform could also bring cuts for top earners: In addition to the draft law of the SPÖ-led social ministry, it is proposed that the top tax rate of 55 per cent should already be applied to income components above 500,000 euros in the future.
The tax rate of 55 percent would have an effect from already 500,000 euros instead of one million, and the current limitation period until 2029 should also fall.
VIENNA. The planned social assistance reform could also bring cuts for top earners: In addition to the draft law of the SPÖ-led social ministry, it is proposed that the top tax rate of 55 per cent should already be applied to income components above 500,000 euros in the future.
Reform: possible changes in the top tax rate
The planned social assistance reform could also bring cuts for top earners: In addition to the draft law of the SPÖ-led social ministry, it is proposed that the top tax rate of 55 per cent should already be applied to income components of more than 500,000 euros in the future. This is evident from the APA's documents. So far, this rate only applies from 1 million euros. The current limitation period until 2029 should also fall, the rate should a…
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