Update – Intrastat: New rules from 1 January 2022

As anticipated in the Tax Newsletter of 9 December 2021, the assimilation threshold (i.e. the threshold for arrivals of goods from other EU Member States and dispatches of goods to other EU Member States in the previous or current calendar year) has been raised for both arrival and dispatch declarations starting from the reference year 2022. […]

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Company parking spaces: Still free of charge, or will fees soon apply?

The extension of the parking space management scheme in Vienna means that employees may face additional costs from March 2022 as a result of the recognition of a benefit in kind for company parking spaces that were previously free of charge. What will change In only a few days time, from 1 March 2022, the long […]

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Eco-social Tax Reform Act 2022 published in Federal Law Gazette

The three parts of the Austrian Eco-social Tax Reform Act 2022 were published in the Federal Law Gazette on 14 February 2022. The changes made since the consultation draft (see German Tax Newsletter of 12 November 2021) and the bill (see Tax Newsletter of 20 December 2021) are listed below: Eco-social Tax Reform, Part I Changes to […]

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VAT: Triangular transaction despite registration of intermediary in Member State of destination

The Austrian Supreme Administrative Court (VwGH) has decided that the triangular transaction rule also applies in the event that the intermediary is identified in the Member State of destination, but does not have a fixed establishment in that Member State. The decisive factor for the applicability of the triangular transaction rule is the VAT ID […]

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Update on Current COVID-19 Subsidies

To continue to support Austrian companies which have suffered financially from the impacts of the coronavirus pandemic, the Austrian Federal Government has extended existing COVID-19 subsidy instruments and made some requirements more stringent. In the following contribution (last updated 14 February 2022), we will inform you about the most important points of the previous COVID-19 […]

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Extension of COVID-19 subsidies

The Austrian Ministry of Finance has announced that certain existing COVID-19 subsidies will be extended due to ongoing Covid-related restrictions. In the following entry (last updated 7 February 2022), we provide information about the most important points: Revenue shortfall bonus III The revenue shortfall bonus was extended again (“RSB III”) and is available for the months November 2021, December 2021, […]

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VAT treatment of company bicycles

On 9 February 2022, the Austrian Ministry of Finance issued a statement on the VAT treatment of company bicycles in a letter to the Austrian Chamber of Tax Advisors and Public Accountants (KSW). General Whether the private use of a company bicycle by an employee should be subject to VAT as a supply of goods or […]

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Compensation for Losses III

The Guidelines on the Grant of Compensation for Losses III were published in the Austrian Federal Law Gazette on 23 December 2021. In the following entry, we provide information on the most important points (last updated 7 February 2022). General prerequisites for application Companies which have their legal seat or permanent establishment (PE) in Austria, […]

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Revenue shortfall bonus III

The revenue shortfall bonus (“RSB”) is familiar subsidy that has been extended for a second time. The Ordinance on the Revenue Shortfall Bonus III was published in the Austrian Federal Law Gazette on 2 December 2021. In the following entry, we provide information on the most important points (last updated 7 February 2022): General requirements […]

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Compensation for Losses II

The Guidelines on the Extension of the Grant of Compensation for Losses were published in the Austrian Federal Law Gazette on 28 July 2021 and amended on 23 December 2021. In the following entry (last updated 7 February 2022), we provide information on the most important points. General prerequisites for application Companies which have their […]

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