- If legal and economic ownership of an asset (here, an autobahn bridge) transfers gratuitously to a third party under a handover agreement, the asset leaves the business sphere.
- Such a withdrawal is treated as a supply for consideration under Section 3(2) Austrian VAT Act if the asset entitled the business to full or partial input VAT deduction.
- Where no purchase price exists, the VAT taxable base is the asset’s self-costs/manufacturing costs under Section 4(8)(a) Austrian VAT Act.
- Case: Austrian Federal Finance Court (BFG), 09 June 2026, RV/7100855/2021.
Source: 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.
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