WTS in Austria

The Austrian tax administration takes a “facts and circumstances-approach” to assess whether home office work creates a permanent establishment (PE) for the foreign employer.

An overview of measures introduced in implementation of the EU directive on tax dispute resolution mechanisms.

As per 01/01/2020, the monthly wage withholding tax obligation is extended.

Section 48 of the Federal Fiscal Code (BAO) allowed for the unilateral elimination of international double taxation

International Tax, Research Premium and Mergers and Acquisitions field expands

Regarding the measures planned for 2019, a bill has been filed in early July 2019 and a decision of the national assembly is expected in September

The relevant regulations that foreign companies have to comply with in Austria are regulated in the “Wage and Social Dumping Control Act”

The monitoring will be evaluated on an ongoing basis and on 31 December 2024 an evaluation report will be presented

The Express Answer Service (EAS) offers taxpayers the opportunity to post questions of interpretation regarding international tax matters to the MoF

The Austrian legislator will also implement the e-commerce package of EU Directive 2017/2455

Since 1.1.2019 applicants for refund of Austrian withholding taxes have been obliged to use an electronic pre-application

From July 1, 2019 the advance ruling must be issued within two months of the application being submitted. 

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Data for every beneficial owner have to be transmitted electronically via the Austrian Government’s Business Service Portal

Shortlisted with another nomination as “Austria Transfer Pricing Firm of the Year“

ICON achieves three nominations and wins the “Allrounder-Upper Austria” award

Austria introduced a gambling levy - The organizers of any lottery now need to pay 5% of the total prize value to the state

The deduction of incidental acquisition costs for private investors is not possible in case the special rate of 27.5 percent is applicable