- The European Commission adopted a decision on Austria’s request to continue a special VAT measure
- Austria wants to continue prohibiting VAT deductions on goods and services used mostly for non-business purposes
- The purpose of the deviation is to simplify collection procedures and prevent VAT evasion
- The decision extends Austria’s authorization to Dec. 31, 2027, and requires any further extension request to be submitted by March 31, 2027.
Source: news.bloombergtax.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"
- Austrian Court Rules on VAT and Corporate Tax for Housing as Hidden Profit Distribution
- Austrian Court Clarifies Input VAT Deduction Rules for Apartment Rentals in Business Use Case
- Austrian Court Denies Tax Deductions for Unrented Property Due to Insufficient Rental Intent
- Streamlined EU Administrative Processes: Your Digital Gateway for Cross-Border Services
- ECJ State Aid C-360/25 (X) – Questions – Legal Validity of the Bank-to-Bank VAT Exemption
