ARTICLE · 21 OCTOBER 1997
A Model For Germany - President Of German Industry & Commerce Association Lauds
Hans Peter Stihl, President of the Association of German Industry and Commerce, is a powerful man, but is also capable of questioning the status quo. His analyses of Germany as a business location carry a lot of weight because they are as honest as they are precise.
This makes it all the more pleasing that he recently described Austria as a "model for Germany." The president was particularly taken with Austria's system of business taxation - not surprisingly, given the debate raging on the subject in Germany. Austria has long offered business a flat corporate tax rate of 34 percent - which German business leaders have repeatedly called for - along with a moderate tax on capital gains.
We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.
