Input VAT deduction on expenses from company outings

Due to the amendment of Section 23 Austrian VAT Act (UStG), the tolerance limit for input VAT deduction for travel-related input supplies for company outings (away days) has ceased to apply. Company outings fall under the scope of Sec 23 UStG and are thus attributable to travel-related supplies from a VAT perspective. Travel-related supplies are generally subject […]