Austria

Country profiles
Country profiles

Austria

  • Corporate Tax Haven Index ranking: 33
  • Financial Secrecy Index ranking: 36
  • Tax loss each year to tax havens: $995,623,647
  • Tax loss inflicted on other countries: $716,721,458

Country profile

Tax abuse losses

$995,623,647

lost in tax every year to global tax abuse

$341,964,284

lost to tax avoidance committed by multinational corporations

$653,659,363

lost to tax evasion committed by private individuals

  • Equivalent to 0.84% tax revenue (tax revenue in 2020 : $118,197,350,836 trillion)
  • Equivalent to loss of $115 per member of population (Population: 8,661,940.10)
  • Smaller than Global Average tax revenue Loss 2.61%
  • Smaller than Regional Average tax revenue Loss 3.39%

Global Rankings

Corporate Tax Haven Index 2019
#33

Global Rank (First is Worst)

51.59/100

Haven Score (100 is Worst)

0.68%

Share of global tax havenry

Financial Secrecy Index 2020
#36

Global Rank (First is Worst)

56.50/100

Haven Score (100 is Worst)

0.93%

Share of global tax secrecy

Harm to other countries

$716,721,458

in tax lost by other countries

$716,721,458

by enabling corporate tax avoidance

$0

by enabling private tax evasion

Responsible for 0.17% of global tax losses
Inflicted tax loss equivalent to yearly salaries of
56,820 nurses

Social impact of lost tax

Tax loss equivalent to 3.14% of health budget
Tax loss equivalent to 4.25% of education spendings
Suffered tax loss equivalent to paying yearly salaries of
25,381 nurses

Vulnerability to illicit financial flows

Most Vulnerable via Outward FDI
Vulnerable Score for this channel is 61.00 / 100
(100 is Worst)

Trading partners most responsible for vulnerability

Switzerland (27.0%)
Netherlands (14.1%)
Germany (9.3%)

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