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Fiscal contribution in Austria
In 2017, the total domestic taxes and duties resulting from the activities of RBI AT in Austria amounted to around
€ 551.1 million. This is based on the primary data provided by RBI for the direct effects and the results of the
multi-regional input-output analysis for the indirect and induced effects.
Accordingly, RBI AT’s fiscal contribution is significantly higher than the level of the Austrian standard consumption
tax for vehicles (€ 473 million) and corresponds to around 50 percent of the contribution for housing subsidies
(€ 1.1 billion).
Payroll-related taxes and duties account for the highest relative share at around 48.7% of the total taxes and duties
paid. This corresponds to a total of € 268.3 million for 2017. At € 161.1 million, direct taxes and duties account
for the majority of this figure. Indirect effects account for € 78.4 million, with induced fiscal effects amounting to
€ 28.8 million.
However, RBI AT’s direct and indirect fiscal contribution goes far beyond payroll-related taxes and duties and is
presented in greater detail below.
RBI AT’s payroll-related taxes and duties in € million, 2017
161.1
Direct effect Indirect effect Induced effect Total effect
RBI AT contributes to the taxes and duties generated in Austria as follows:
1. Through the taxes and duties it pays.
2. Through the taxes and duties deducted for third parties and paid to the government or the corresponding
public bodies.
3. Through the taxes and duties generated along the upstream value chain (indirect effects) and as a result of
income effects (induced effect).
The taxes and duties described in points 1 and 2 are shown in the following illustration. This fiscal contribution
amounts to € 325.8 million for 2017. Of this figure, € 161.1 million is attributable to payroll-related taxes and duties
(49.5%), € 83.3 million relates to other production levies (25.5%), other taxes and duties amount to € 32.3 million
(9.9%), domestic income taxes (corporation tax and capital gains tax) account for € 29.6 million (9.1 percent),
and value-added tax amounts to € 19.5 million (6 percent).
Raiffeisen Bank International | Sustainability Report 2018
78.4
28.8 268.3
Source: RBI, Economica