VIENNA: Finance Minister Hans Joerg Schelling said that “government will need opposition support to pass €5billion tax relief package.
“I think in connection with tax reform there will be some constitutional provisions that we will have to make, also as a consequence of some other things such as the automatic exchange of (tax) data that we have agreed with the EU,” Schelling said.
The plan calls for raising nearly 2 billion euros in revenue by fighting tax fraud — in part by requiring shops to enter all transactions into cash registers and give receipts — and raises VAT rates on some items including hotel stays, theatre tickets and pet food.
