The termination of an agreement (on agency services) for compensation follows the VAT treatment of the underlying services. If the agreed underlying services qualify as tax exempt agency services in connection with export supplies, the compensation fee for terminating the contract is also VAT exempt (Supreme Administrative Court 14.5.2020, Ro 2020/13/0001).
Source: Leitner & Leitner
Latest Posts in "Austria"
- Austria to Halve VAT on Basic Food Items, Aiming to Lower Prices and Tackle Inflation
- Austria to Halve VAT on Essential Foods from July 2026 to Ease Inflation Pressures
- Plastic and Package Levies to Fund VAT Cut on Basic Foods; Details on Products Pending
- Germany Updates Annual and Preliminary VAT Returns for Photovoltaic Modules Reporting in 2025-2026
- Austria Modernizes Fiscal Cash Register Rules for 2026, Eases Compliance, Expands Digital Receipts
