South Tyrol retain a large part of most levied taxes, while remaining a net contributor to the national budget. As of 2016, South Tyrol is the wealthiest province in Italy and among the wealthiest in the European Union. In the wider context of the European Union, the province is one of the three members of the Euroregion of Tyrol-South Tyrol-Trentino, which corresponds almost exactly to the historical region of Tyrol. The other members are Tyrol state in Austria, to the north and east, and the Italian Autonomous province of Trento to the South. "South Tyrol" (occasionally "South Tirol") is the term most
Allgäu Alps the extreme northwest of the Allgäu Alps, in its broader sense, by the Adelegg. The Tyrolean portion largely comprises the Lech river and its tributaries and the Vorarlberg part centres on the catchment area of Bregenzer Ach. At one point, the three states of Bavaria, Tyrol and Vorarlberg meet. This tripoint ("Dreiländerpunkt") is relatively unspectacular. It is located a few metres west of the Gehrner Berg. This rather unspectacular elevation is 1.5 km north of the Vorarlberg village of Warth and 4 km west of the Biberkopf. The border between Bavaria and the Tyrol does not precisely follow the European