- Genuine tax exemption for food donations and non-alcoholic beverages
- The scope of the genuine VAT exemption has been expanded to include food donations and donations of non-alcoholic beverages to eligible charitable institutions
- The change will come into effect on August 1, 2024, and will apply to transactions and other events that occur after July 31, 2024.
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"
- 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
