The Parliament passed legislation increasing the small business value added tax (VAT) exemption threshold to €55,000 effective January 1, 2025, and increasing the income tax brackets for inflation.
Read a September 2024 report prepared by the KPMG member firm in Austria that includes a summary of other recent direct and indirect tax developments
Source KPMG
Latest Posts in "Austria"
- Austrian Court Grants Input VAT Refund for Swiss Firm’s Property Valuation Services in 2018
- Austrian Finance Ministry Clarifies VAT Refund Rules: Original Invoices Required for Non-EU Companies
- Austrian Court Clarifies VAT Deduction Rules for Fraudulent Invoices in Construction Sector
- VAT in Austria – A comprehensive up to date guide
- Original Invoices Required for VAT Refund Applications for Non-EU Businesses
