Austrian JVP boss Claudia Plakolm and the president of the Farmers’ Association of Lower Austria Stephan Pernkopf are campaigning for the abolition of the land transfer tax on first ownership in order to strengthen rural life for young people. “Young people want to achieve something and build something. New property taxes would be absolutely counterproductive,” the two agree.
The traffic light government in Germany is tightening the tax screw for home ownership. Corresponding political calls are also on the rise in Austria – also because of the SPÖ’s internal election campaign. “We will not have any new building land, property, gift or inheritance taxes,” explains Stephan Pernkopf, state deputy and head of the Lower Austrian farmers’ association.
Young farmers would be affected
According to Pernkopf, these would only harm those who want to build on what their families have created over generations. Young farmers would be particularly affected, who would be asked to pay in thanks for taking over the farm. A scenario that Claudia Plakolm, head of the Young ÖVP and Secretary of State for Youth, would also like to avoid – instead, to help young people, she wants to abolish the transfer tax on the first property. “Many young people are currently wondering whether full-time work pays off. The ability to create your own four walls is an important motivation for this,” she says.
Significant savings
Abolishing it would save several tens of thousands of euros. Nationally, Pernkopf and Plakolm want to work together to abolish the tax on the first real estate without replacement and to strengthen the countryside for young people.
Source: Krone

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