Austria introduces reverse charge on goods from 2012
The Austrian VAT authorities have announced plans to extend the reverse charge VAT reporting mechanism for EU sales from 1 January 2012. This follows similar changes in other European Union countries....
View ArticleAustria non-resident conference organisers VAT 2012 change
With effect from 1st January 2012, the VAT rules will change for non-Austrian Conference Organisers staging events in Austria. Up until now, foreign organisers issued invoices under Art.19 UStG 1994....
View ArticleAustria enacts quick reaction reverse charge on VAT fraud
Austria is to become the latest European Union member state to take advantage of the new EU quick reaction VAT anti-fraud mechanism. The measure will allow the use of the reverse charge on certain...
View ArticleAustria place of supply, invoices and other VAT changes
The Ministry of Finance has this week introduced a number of changes the Austrian VAT code, USt Wartungserlass 2914. The main changes include: The VAT place of supply for the provision of temporary...
View ArticleAustria to raise Intrastat threshold 2015
The current reporting level is €550,000 for both goods moving into Austria (Arrivals) and goods leaving (Dispatches). From 1 January 2015, the new threshold will be €750,000 for both. Intrastat...
View ArticleAustria increases reduced VAT rates 2016
Austria has announced in its latest budget a rise in its reduced VAT rates from 1 January 2016. The current 10% rate will be increased to 13% on the following supplies: Hotel accommodation Printed...
View ArticleAustria proposes reduced VAT rate hikes
Austria has proposed increases in the VAT rates to a range of goods. The following goods, currently at the reduced rate of 10%, would become subject to a new reduced Austrian VAT rate of 13%:...
View ArticleAustria reduced VAT rate increase 2016
Austria has confirmed plans to raise its reduced VAT rate from 10% to 13% from 1 January 2016 on the following services: Cultural events, including entrance to public museums and galleries Domestic...
View ArticleAustrian hotel VAT rise delayed
Plans to raise the Austrian VAT rate on accommodation services from 10% to 13% have been delayed until May 2016. The rise will also include charges for breakfast (which had been originally excluded...
View ArticleAustria extends TOMS VAT
Austria is to extend the application of its Tour Operator Margin Scheme (TOMS) to apply to VAT registered customers from 1 January 2017 (extended from original 2016 plan). TOMS is a regime...
View ArticleAustria increases reduced VAT rates 2016
Austria has announced in its latest budget a rise in its reduced VAT rates from 1 January 2016. The current 10% rate will be increased to 13% on the following supplies: Hotel accommodation Printed...
View ArticleAustrian VAT registration
What are the Austrian VAT registration thresholds? For foreign businesses trading in Austria that are VAT/GST/Tax registered in their home state, the VAT registration threshold is nil. For EU VAT...
View ArticleAustrian VAT Invoice Requirements
Austrian VAT rules on the format and information to be provided on invoices broadly conform with the obligations of the EU VAT Directive and its VAT invoice requirements. Date of issuance and storage...
View ArticleAustrian VAT returns
Any company registered with the Austrian tax authorities (see our Austrian VAT registration briefing) as a non-resident VAT trader must report taxable transactions through periodic filings, known as...
View ArticleAustrian EC Sales Lists (ESL)
If an Austrian VAT registered business, resident or non-resident, is selling goods or services to other VAT registered companies in Europe, then an EC Sales List (ESL) return may be required. These...
View ArticleAustrian Intrastat
In addition to VAT returns, foreign companies trading in Austria may be required to complete statistical reports, ‘Intrastat’, on the movement of goods across the national borders. This can include...
View ArticleAustria proposes reduced VAT rate hikes
Austria has proposed increases in the VAT rates to a range of goods. The following goods, currently at the reduced rate of 10%, would become subject to a new reduced Austrian VAT rate of 13%: Cultural...
View ArticleAustria reduced VAT rate increase 2016
Austria has confirmed plans to raise its reduced VAT rate from 10% to 13% from 1 January 2016 on the following services: Cultural events, including entrance to public museums and galleries Domestic air...
View ArticleAustrian hotel VAT rise delayed
Plans to raise the Austrian VAT rate on accommodation services from 10% to 13% have been delayed until May 2016. The rise will also include charges for breakfast (which had been originally excluded...
View ArticleAustria extends TOMS VAT
Austria is to extend the application of its Tour Operator Margin Scheme (TOMS) to apply to VAT registered customers from 1 January 2017 (extended from original 2016 plan). TOMS is a regime permitted by...
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