Austria | EU’s Four ‘Quick Fixes’ for VAT and reduced rate for E-books

By |November 24th, 2019|

In September 2019, the lower house of the parliament (Nationalrat) approved the draft bill for several proposals for amendments to the Austrian VAT law that is due to come into force in 2020. The main proposal relating to VAT, include the implementation into legislation of the EU’s four ‘Quick Fixes’ [...]

Austria | EU Four VAT ‘Quick Fixes’ and reduced VAT rate for E-books

By |November 5th, 2019|

In September 2019, the lower house of the parliament (Nationalrat) approved the draft bill which contained several proposals for amendments to the Austrian VAT law that is due to come into force in 2020. The main proposals relating to Austrian VAT (USt/MwSt) include: The implementation into legislation of the EU’s [...]

Austria | Shines Spotlight on New Criminal Liability for VAT Law Infringements

By |May 27th, 2019|

Austria has recently published draft legislation on fighting tax fraud. Introduction of criminal cross-border VAT fraud offence Austria has recently published draft legislation on fighting tax fraud.  The proposals relating to VAT introduce a new provision creating a criminal liability for cross-border VAT fraud. This provision would apply to fraud [...]

Austria | Draft Tax Reform Package Includes VAT Changes to eCommerce and Digital Books

By |February 22nd, 2019|

In early January, the town of Mauerbach saw the Austrian government put forward a tax reform package which it believes will ensure fairer taxation of its citizens so that in the words of Finance Minister, Hartwig Löger, “working people will finally get more life". The measures relating to VAT are [...]

Austria | Application of TOMS Rules in Breach of EU VAT Law Warns Commission

By |August 1st, 2018|

On 7th June 2018, the European Commission sent a reasoned opinion to Austria about its implementation of the special VAT scheme for travel agents (TOMS) on the basis that it: excludes the application of TOMS to business-to-business (B2B) supplies (a key feature of the scheme is that such supplies are [...]

Austria | VAT Rate on Accommodation Services Cut to 10% from November 2018

By |May 14th, 2018|

In a bid to reinvigorate Austria’s tourism sector, changes to Austrian VAT law provide that as of 1st November 2018, the VAT rate applicable to certain supplies of accommodation services will be lowered to the reduced 10% VAT rate. The 10% rate of VAT will apply to: • Furnished accommodation [...]

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