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The Austrian Parliament has passed important changes to the Austrian Limited Liability Corporation Act on June 12, 2013.

As of 1 March 2014, a restriction on the deductibility of manager remunerations for tax purposes exceeding EUR 500,000 per person and year was introduced in Austria.

The European Commission has introduced sweeping reforms to EU direct taxation through its Taxation Omnibus package and a recast of the Directive on Administrative Cooperation...

Want a gateway into Eastern Europe and all the benefits of operating in an EU member state? Why not consider Austria?

The minimum share capital of a limited liability company ("GmbH"), which had been reduced to EUR 10,000 by the GesRÄG 2013 (BGBl I 2013/109) in 2013, has been raised again to the pre-GesRÄG 2013 level of EUR 35,000.

Under current law, gains from the disposition of real estate are generally subject to a flat income tax rate of 25%. Such tax rate shall now be increased to 30% for gains realized by individuals.

The draft tax bill of the Tax Amendment Act 2015/2016 introduces an increase in the tax rate applicable to the investment income of individuals from 25% to 27.5%

The Austrian government recently amended the respective Austrian international participation exemption to avoid the unequal treatment of foreign participations as compared to domestic participations.

International tax planning structures came into the focus of the public eye due to developments on the OECD level regarding aggressive tax schemes.

The Real Estate Transfer Tax Act has been subject to numerous changes in the past year.

With the amendment of the Austrian investment fund regime by virtue of including alternative investment funds into its scope, the tax aspects of re-qualifications of existing (private equity) vehicles into investment funds and thus the application of the Austrian investment fund tax regime were rather unclear.

Since 1 July 2013, the costs for the incor­po­ra­tion of an Aus­trian lim­ited lia­bil­ity com­pany have been reduced significantly.

Abgabenänderungsgesetz 2022: Die Novelle wurde am 07.07.2022 vom Nationalrat beschlossen. Nachfolgend haben wir die wesentlichen Neuerungen zusammengefasst...

Currently, Austria does not have controlled foreign company ("CFC'' legislation.

The CJEU's Nova Iberomoldes decision opens new avenues for challenging Austrian real estate transfer tax on share deals and corporate restructurings. This alert examines how the Capital Duties Directive may protect certain transactions and outlines practical steps for taxpayers to pursue refunds or structure future deals more efficiently.