Tuesday, December 2, 2008

BOSNIA AND AUSTRIA SIGNED DOUBLE TAXATION AVOIDANCE AGREEMENT

VIENNA, Austria (December 2,2008) - The Bosnian Finance Minister Dragan Vrankic and the Austrian Finance Minister Wilhelm Molterer signed the Double Taxation Avoidance Agreement in the Austrian capital Vienna yesterday.

The agreement refers to income and property taxes. With that agreement the relations between two friendly countries that have collaborated very well will definitely get stronger further, particularly in the light of Austria being the leading foreign investor in Bosnia, the Bosnian Finance Ministry has announced.

In the period 1994 – 2007 Austria invested 1.3 billion Euros in Bosnia.
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