Tax Austria Latest Information

Tax Austria Latest Information

Li’s Hutchison to Buy Orange Austria in $1.7 Billion Deal
Hong Kong billionaire Li Ka-shing’s Hutchison Whampoa Ltd. agreed to buy Orange Austria in a deal valued at 1.3 billion euros ($1.7 billion), adding to more than $31 billion of investments in overseas mobile-phone operations.

Austria Eyes 'Structural' Tax Changes
Austria’s Finance Minister Maria Fekter recently underlined the need for reforms and for structural changes in Austria to reduce the country’s debt, including changes to the current tax system, to steer the country onto a long-term savings course.

Hutch to buy Orange Austria as Asia firms shop in Europe
By Denny Thomas HONG KONG (Reuters) - Hong Kong's Hutchison 3G will buy Orange Austria from France Telecom (FTE.PA) and a private equity fund in a deal valued at 1.3 billion euros including debt, expanding ...

Austria Focuses On Eradicating Tax Loopholes
Echoing views expressed in parliament recently by Austria’s Finance Minister Maria Fekter, legal tax expert Werner Doralt has given his full support to any plans to close existing loopholes in the country’s tax system to consolidate the budget.

Li Ka-shing’s Hutchison Buys Orange Austria in $1.7 Billion Deal
Hong Kong billionaire Li Ka-shing’s Hutchison Whampoa Ltd. agreed to buy Orange Austria, the mobile- phone operator owned by France Telecom SA and private-equity firm Mid Europa Partners.

Austria Reports Higher Revenues In 2011
The Austrian finance ministry has recently announced that the state deficit for 2011 was significantly lower than originally forecast, noting that the government received around EUR910m (USD1.2bn) more in fiscal revenues than initially anticipated and that spending was approximately EUR2.3bn less.

Telekom Austria Belarus Impairment ‘Significant’ on 2011 Net
Telekom Austria AG said a 300 million euro impairment on its assets in Belarus will have a “significant” impact on the group’s 2011 net income.

Telekom Austria Sees Net Significantly Affected by Impairment
Telekom Austria AG, the former state monopoly, said a 300 million-euro ($390 million) impairment in Belarus will have a “significant” impact on its 2011 net income.

Croatia Reintroduces Mobile Revenues Tax
Telekom Austria has confirmed that the Croatian Parliament has reintroduced the 6% tax on mobile network service revenues as of 26 January 2012.

Austria 2011 deficit lower than expected: APA
VIENNA: Austria's public deficit in 2011 was 3.3 percent of output, lower than the 3.9 percent predicted by the government, the Austria Press Agency reported Friday citing preliminary finance ministry figures.

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