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TAX ADVISING

We are pleased to assist you at all activities for tax authoritysocial security and all other authorities. Advice in all tax matters, in all questions regarding Labour Law and Social Security and in many other business relating questions – analysing your business activities regarding optimal taxation – Consulting at strategic decisions. [Details]

VAT & Fiscal Representation

Real Estate Tax

The New Real Estate Income Tax

Expatriates & Working Abroad

  • TAX ADVISING, ACCOUNTING & ANNUAL REPORTS
    TAX ADVISING, ACCOUNTING & ANNUAL REPORTS

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  • International Tax Issues
    International Tax Issues

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  • SALARY COMPUTATION – HUMAN RESOURCE MANAGEMENT
    SALARY COMPUTATION – HUMAN RESOURCE MANAGEMENT

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  • VAT REFUND FOR NON-RESIDENT COMPANIES
    VAT REFUND FOR NON-RESIDENT COMPANIES

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EU Adopts Minimum Tax Directive

The European Union formally adopted the directive on minimum taxation of multinational groups, after Poland granted its consent in the formal written procedure on 15 December and Hungary agreed to support the Commission proposal on 12 December, under auspices of the Czech Presidency of the EU. As such, the adoption makes the European Union a leader in the international adoption Continue Reading

Anpassung von Familienleistungen an ausländisches Preisniveau EU-rechtswidrig

Seit 2019 war eine Anpassung von Familienleistungen für Kinder, die in einem anderen Mitgliedstaat wohnen, an den dortigen Lebenshaltungsindex vorgesehen. Betroffen waren somit EU-Bürger, die in Österreich arbeiten und deren Kinder im EU-Ausland leben. In einem aktuellen Erkenntnis hat der Europäische Gerichtshof (EuGH) nun festgestellt, dass diese Indexierung gegen europäisches Recht verstößt. Österreich muss den Betroffenen die gekürzten Beträge rückerstatten.

Plastic Tax in Austria and consequences for Online Retailers and Marketplaces

In Austria there is no plastic tax yet (July 2022), but each retailer who is selling products which are packed to private customers has to have an agreement with a waste collection and recycling organization. We would be pleased to support you by finding the most adequate solution for you. Starting 1st Jan 2023 all retailers who are non-resident in Continue Reading

Significant changes in the Polish tax system as of 1 Jan 2022 [Newsletter 21 Sept 2021 Altoadvisory.pl]

a) Entry into force of a new WHT regime (pay & refund mechanism) Starting from 1 January 2022 WHT preferences (exemptions or treaty rates) will no longer be applied at source with respect to selected payments exceeding PLN 2 million in a given tax year.

New EU VAT Rules Enter Into Force

The new rules concerning the EU VAT regime entered into force on the 1 July, creating a simplified VAT regime for cross-border supplies of goods (B2C) and distance sales. The new rules provide for a system to declare and pay VAT in the EU using the Import One-Stop Shop and also level the playing field between EU businesses and non-EU sellers. Online Continue Reading

130 Countries Sign Historic Agreement on International Tax Reform

130 countries signed last week the global agreement on international tax reform, based on a two-pillar solution which allows multinational companies to pay more tax in the countries where they operate as well as a global minimum tax rate. As estimated by the OECD, a total amount of USD 100 billion of profits per year will be reallocated to the Continue Reading

Questions about EU-OSS: Deregistration in Austria necessary?

Is a deregistration at Austrian tax office necessary for a distance selling company which is VAT liable in Austria in order to participate in EU-OSS in another member state? Answer: No, a deregistration is not necessary. Austrian tax office recommends send an information about the participation of EU-OSS in another member state in order to avoid reminders for the filing Continue Reading

Kleines Vereinsfest, großes Vereinsfest

Distance selling of alcohol beverages within the EU

No excise dueties on sparkling wine starting 1st July 2020 onward. But distance sale of sparkling wine has to be still reported by form VST 27. Please keep in mind that there is no distance selling treshold for alcohol beverages. Autrian VAT has to be charged from the first Euro onward, if alcohol beverages are sold to Austrian private customers. Continue Reading

Brexit 2020

After leaving the EU on 31 January 2020, the UK is scheduled to leave the VAT regime and Customs Union on 31 December 2020. This is under the agreed Brexit Withdrawal Agreement (‘WA’) between the UK and EU, which allows for a 11-month ‘transition period’. What happens between now and 31 December 2020? Until then, nothing changes for VAT of Continue Reading

Brexit preperation by Amazon

Ahead of the Brexit deadline on the 31st October, Amazon have recommended that sellers prepare by moving 4 – 8 weeks’ worth of inventory to both sides of the border (UK and EU). All inventory should be moved by 17th October 2019. Moving your stock from UK to an EU country could help you avoid the possible delays that cross-border sales might face Continue Reading

New VAT rules “Quick Fixes 2020”

Last week the Spanish Tax Authorities published the Draft Bill for modifying the VAT Law and the VAT Regulation with the purpose to include the simplification measures related with the intracommunity delivery of goods known as “VAT Quick Fixes 2020“. The main objective of these new measure is to harmonize and simplify the trade of goods between countries of the EU. The Continue Reading

Company Law Proposals Adopted by EU Parliament

Commission proposals published in April 2018 on reforming and digitalising EU company law in order to make it easier for companies to merge, divide or move within the EU Single Market, whilst preventing fraud and abusive behaviour in cross-border operations, have been adopted by the EU Parliament, with 522 votes in favour, 54 opposed and 16 abstentions. The rules allow Continue Reading

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