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Austria News

UK, Austria Sign Deal On Granting Tax Treaty Benefits

by Jason Gorringe,, London

Monday, September 7, 2020

HM Revenue and Customs has announced that it is has agreed changes with authorities in Austria regarding how the two authorities will deal with requests for relief under the two countries' tax treaty. Read Full Story


Austria Gazettes Law For COVID-19 Tax Relief Package

by Ulrika Lomas,, Brussels

Monday, August 31, 2020

Austria has published in its Official Gazette legislation to give effect to tax relief measures included in a recent COVID-19 economic stimulus plan, which among other measures extends the temporary 55 percent top rate of personal income tax. Read Full Story


Austria To Apply Personal Income Tax Cut In September

by Ulrika Lomas,, Brussels

Friday, August 7, 2020

The Austrian Government has confirmed that a personal income tax cut approved by the Cabinet last month will be introduced in September. Read Full Story


US Businesses Urge Against Starting A Digital Tax 'Trade War'

by Mike Godfrey,, Washington

Friday, July 24, 2020

The United States Council for International Business has called on US authorities to focus its efforts on working with other countries to arrive at an international tax solution to the digitalized economy, rather than tackling countries' unilateral responses. Read Full Story


EU Refers Netherlands To ECJ Over Beneficial Ownership Registry

by Ulrika Lomas,, Brussels

Friday, July 10, 2020

The European Commission is taking action against the Netherlands for failing to fully implement the Fourth Anti-Money Laundering Directive in respect of the availability of information on entities' beneficial owners. Read Full Story


Austria And Italy Sign Frontier Worker Tax Agreement

by Ulrika Lomas,, Brussels

Friday, July 10, 2020

Austria and Italy have signed an agreement clarifying the tax rules for frontier workers who are working at home due to the COVID-19 pandemic. Read Full Story


US Withdraws From International Digital Tax Talks

by Mike Godfrey, Washington

Friday, July 3, 2020

US Trade Representative Robert Lighthizer told a congressional hearing on June 17, 2020, that the US Government has withdrawn from international negotiations on new global tax rules for digital companies at the OECD. Read Full Story


COVID-19: Austria To Bring Forward Individual Income Tax Cut

by Ulrika Lomas,, Brussels

Thursday, June 25, 2020

Austrian Finance Minister Gernot Blumel said on June 16, 2020, that elements of an income tax cut package agreed by the governing coalition earlier this year will be brought forward as part of a post-COVID-19 economic stimulus package. Read Full Story


Austria Announces COVID-19 Tax Relief Package For Catering Industry

by Ulrika Lomas,, Brussels

Friday, May 15, 2020

On May 11, 2020, the Austrian Ministry of Finance announced a EUR500m (USD542m) package of financial and tax measures to support the hospitality industry, which is being hit particularly hard as a result of the restrictions in place to contain COVID-19. Read Full Story


OECD Releases Taxing Wages 2020 Report

by Ulrika Lomas,, Brussels

Friday, May 15, 2020

The OECD has released its Taxing Wages 2020 report, which highlights that taxes on labor across the OECD countries fell for the sixth consecutive year in 2019. Read Full Story



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