Austria

(Rates 01/01/2000)

• Income tax: Progressive tax rate from 0 % to 50 %

            taxable income:               0 -   50,000 AUS      0 %

                                             50,100 - 100,000 AUS    21 %

                                           100,100 - 300,000 AUS    31 %

                                           300,100 - 700,000 AUS    41 %

                                                 above 700,000 AUS    50 %

• City tax: 3 % of salary, payable by employer

• Corporate income tax: 34 %

         at least 24,080 AUS for GmbH and 48,160 AUS for AG

• Trade tax: none 

• Value added tax:  10 % (reduced), 20 % (general)

Social Security contributions:

For employee:

pension insurance: 10.25 %

health insurance: 3.40 %

unemployment insurance: 3.00 %

others: 1.00 %

Annual ceiling amount: 518,400 AUS

For employer:

pension insurance: 12.55 %

health insurance: 3.50 %

unemployment insurance: 3.00 %

accident insurance: 1.40 %

others: 0.50 %

Annual ceiling amount: 518,400 AUS