Industry: Finally implement the retention period for capital gains tax

2024-01-11 17:13:09

Support for Finance Minister Brunner’s initiative – support personal initiative in building assets and pension provision – negative attitude is incomprehensible

Vienna (OTS) – In order to further strengthen private pension provision, wealth creation and the domestic capital market and thus make it a win-win situation for citizens and entrepreneurs, the appropriate framework conditions for a strong capital market are needed. The abolition of capital gains tax (KESt) within the framework of a retirement savings account, as proposed by Finance Minister Magnus Brunner today, would be an important step in the right direction. The negative attitude of the Greens in this matter is incomprehensible; the prejudice that securities are an “elite program” is incomprehensible. The figures from the last stock barometer, a Hajek survey commissioned by the Industrial Association, the Vienna Stock Exchange and the Stock Forum, have confirmed: Stock provision has reached the mainstream of society, because one in four people are already taking their retirement provision and wealth creation into their own hands and owning securities . This means that numerous people in Austria will benefit from implementing a retention period.

Questions & Contact:

Industrial Association
Marlena Mayer
Press spokesperson
+43 (1) 711 35-2315
[email protected]

1704995715
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