- The European Union Official Gazette on December 4 published the European Council Decision No. 2024/3013
- The decision concerns Austria’s request to continue a special VAT measure
- Austria wants to keep prohibiting VAT deductions on goods and services mainly used for non-business purposes
- This measure aims to simplify VAT collection and combat evasion
- The authorization for Austria is extended until December 31, 2027
- Austria must submit any further extension requests by March 31, 2027
- The decision became effective on the date it was notified
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.
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