- Change regarding the differential taxation of works of art (§ 24 para 2 UStG)
- Differential taxation will not apply to works of art if the reduced tax rate is applied when sold to or imported by a reseller.
- The change will take effect on January 1, 2025.
Source: info.leitnerleitner.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Austria"
- Austria Modernizes Fiscal Cash Register Rules for 2026, Eases Compliance, Expands Digital Receipts
- Austrian Court Clarifies NoVA and VAT Liability for Cross-Border Vehicle Purchases and Statute Limitations
- Austria’s 2026 Cash Register Reforms: Higher Thresholds, Digital Receipts, and Simplified Compliance
- Austria Amends Tax, VAT, Financial Crime, and Cash Payment Laws Effective January 2026
- Austria’s 2026 Cash Register Reform: Higher Exemption, Digital Receipts, and Simplified Compliance
