Companies that carry out active business in Austria are deemed to be entrepreneurs for VAT purposes and must pay the tax – usually at the standard rate of 20%, although several reduced and zero rates are applicable to certain goods and services. A business will be required to register for VAT as soon as it imports goods into the EU via Austria, buys or sells in Austria, holds goods in a warehouse in the country, sells from Austria to another EU country or acquires goods from other EU nations and brings them to Austria.
Read further Innovate Tax
See also Country VAT guides – Austria
Latest Posts in "Austria"
- CJEU to Rule on Retroactive Correction of Invoices in Intra-Community Triangular Transactions
- CJEU Ruling Sought on VAT ID Requirement for Intra-Community Supply Tax Exemption and Refunds
- Formal Errors in Input VAT Refunds Do Not Justify Automatic Denial of Deductions
- ECJ Asked to Clarify VAT Treatment of In-Kind Real Estate Contributions in Corporate Restructuring
- General Court T-773/25 (Finanzamt für Großbetriebe) – Questions – Ex Nunc Implications of Late Invoices in Triangular Transactions
