Austria | Taxes on income, profits and capital gains (% of revenue)
Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation. Limitations and exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries. Statistical concept and methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.
Publisher
The World Bank
Origin
Republic of Austria
Records
63
Source
Austria | Taxes on income, profits and capital gains (% of revenue)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
20.45756664 1972
19.87179487 1973
21.55559073 1974
20.51681347 1975
19.72209969 1976
19.94963406 1977
21.43719182 1978
20.96236153 1979
20.880166 1980
20.78125817 1981
20.27315944 1982
20.01005651 1983
20.17856752 1984
19.30395699 1985
19.41300633 1986
18.26086957 1987
19.42843808 1988
17.83113122 1989
18.82927761 1990
19.48326793 1991
19.95196157 1992
20.50917384 1993
19.16427393 1994
25.52169527 1995
27.21771396 1996
28.44736016 1997
28.7474075 1998
27.79069228 1999
27.71271453 2000
30.11905855 2001
28.32197838 2002
28.21683892 2003
27.8828793 2004
26.89575435 2005
27.14668275 2006
28.14336993 2007
29.03026389 2008
26.00598871 2009
26.44455844 2010
26.6606395 2011
26.99328874 2012
27.36375769 2013
27.9240565 2014
28.70779899 2015
26.42557716 2016
27.02095355 2017
27.48497977 2018
27.61018477 2019
26.00003784 2020
27.59878154 2021
2022
Austria | Taxes on income, profits and capital gains (% of revenue)
Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation. Limitations and exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries. Statistical concept and methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.
Publisher
The World Bank
Origin
Republic of Austria
Records
63
Source