Austria imposes a number of other taxes such as:
- A 1% capital transfer tax on contributions to company capital (will. Be abolished
by 2016).
- A real estate transfer tax of 2% to 3.5% of the real estate value or alternatively
based upon,,, A deemed tax value for some transactions.
- Insurance tax on, insurance premiums ranging from 1% to 11%.
.Education Social security is payable both by employers and employees. The employee
rate ranges from 15.1% to 18.9% depending on. The status and the income of
the employee. The employer rate is roughly 22.0%. Apart from social security
contributions,, Employers have to pay approximately 9.5% salary-related charges
on top of gross salary. In all staff costs, are approximately 32% of. Gross salary.
.Education Stamp duties are due on certain transactions and documents.
Austria does not levy any tax on inheritance or gifts. No. Tax is imposed on
gratuitous transfers (except for land transfer tax which is usually based on a tax
value considerably. Lower than market value) but mandatory reporting on such
transfers exceeding certain limits has been implemented.
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