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The state wants money back and makes strict rules

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The state wants money back from firms. Firms got too much help during Corona. This help is called aid. The top court made a rule. A firm group gets 2 point 3 million Euro. Many firms must pay back money. This is hard for some firms.

Wolfgang Peschorn wants strict rules. He is the boss of the finance lawyer office. Firms must show a balance sheet every year. A balance sheet shows money in and money out. Some firms do not do this. Peschorn wants a yellow card for them. No balance sheet means a red card. These firms cannot do business anymore.

The court of audit criticizes the state. It wants reforms for money. This affects care and schools. There are no new plans for energy. The court of audit wants easy taxes. Now the rules are very hard. Experts warn about high taxes. This scares away firms from other lands.

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Definitions

Finance lawyer office
This office helps the state with laws. It speaks for the state in court.
Balance sheet
A balance sheet shows all money of a firm. It shows how much money a firm has.
Court of audit
The court of audit checks the state money. It watches that the state does not waste money.
Aid
Aid is money from the state for a firm.

People

Wolfgang Peschorn
Wolfgang Peschorn is the boss of the finance lawyer office.

Locations

Austria
Austria is a country in Europe.

Sources

Logo Kleine Zeitung
Kleine Zeitung

Wann besteht eine Rückzahlungspflicht für COVID-Förderungen?

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Logo ORF
ORF

Budget: Rechnungshof kritisiert fehlende Reformen

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Logo Kleine Zeitung
Kleine Zeitung

Peschorn will bei Bilanzen säumige Unternehmen hart bestrafen

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Logo VOL
VOL

Finanzprokuratur-Chef Peschorn fordert mehr Team-Spirit

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Logo Standard
Standard

Peschorn will bei Großverfahren besser Kooperation der Behörden

Read now

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