VATupdate
VAT

Austrian Digital Tax Act 2020

On 4 April 2019 the Austrian Ministry of Finance submitted the draft Digital Tax Act 2020 to the public for evaluation. In addition to the introduction of a new digital tax on online advertising services, the Digital Tax Act 2020 will implement the EU e-commerce package into the Austrian Value Added Tax Act. Moreover, Austria aims to make electronic marketplaces more responsible for the collection of VAT.

Source: WTS

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