Theoretical Key Elements for a Fundamental Reform of the System of Federal Fiscal Relations

As of the beginning of the year 2008, a reformed system of federal fiscal relations will start in Austria with a planned duration of six years. The new system is essentially a continuation of the previous system. However, the agreements also include the establishment of a commission of experts that, after a first three-year period, are to present a proposal for a fundamental reform of the regulations governing revenue distribution.