- Austria will reduce the VAT rate on specified goods from 10% to 5%.
- The change takes effect on July 1.
- Announcement made by the Austrian Federal Chancellery on January 14.
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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