Federal Ministry of Finance

The Ministry of Finance is the government ministry of Austria responsible for the collection of taxes and customs as well as the administration of fiscal and economic policy. It oversees the Revenue Service, the Revenue Service for Large Businesses, the Financial Police, and various other agencies. It is headquartered in the Winter Palace of Prince Eugene, Vienna. The current Minister is Magnus Brunner. Structure and function The Ministry is responsible for revenue administration at the federal level, including the government budget, matters of finance concerning the European Union, taxes, duties and tariffs. It defines and conducts the country's budgetary policy concerning currency, credit, savings banks (Sparkassen) and exchange matters, capital movements and settlement, insurance control and hallmarks. It is also concerned with economic policy, if not discharged by the Ministry of Economy. The Finance Minister and the General Secretary chair six departments (Sektionen): Dept. I: Office of the Minister Dept. II: Federal budget Dept. III: Economic policy and financial markets Dept. IV: Taxes and tariffs Dept. V: Information technology Dept. VI: Fiscal policy and tax law