Tax & Financial Insights
Stay informed about Austrian tax regulations, business matters and financial developments with practical insights from TAX AUSTRIA.
TAX & BUSINESS
TAX & BUSINESS
Tax‑free fixed‑cost subsidy excludes business expenses
Companies received various support measures during the COVID‑19 pandemic, such as fixed‑cost subsidies. As these are exempt from income tax, the related business expenses are not deductible for tax purposes.
TAX & BUSINESS
Municipal tax liability for substantially involved shareholder‑managing directors
For fees paid to a substantially involved shareholder‑managing director of a GmbH, the company must pay municipal tax even if the director outsources his services to his sole proprietorship and invoices the company under a work contract.
TAX & BUSINESS
Interest on COFAG Repayment Claims
The Federal Finance Court (BFG) has ruled that the interest on COFAG repayments by the tax office from the date of the original disbursement is lawful.
TAX & BUSINESS
Real estate transfer tax on the reversal of a land purchase contract
Anyone who reverses a land purchase contract can, under certain conditions, reclaim the real estate transfer tax already paid. But what happens if the property is sold directly to a third party after the reversal?
TAX & BUSINESS
Interim tax for private foundations
Private foundations are a popular instrument for asset management and succession planning. But private foundations also have to pay tax.
TAX & BUSINESS
Parliament passes tax changes
National Council and Federal Council have passed the Federal Renovation Measures Act 2025 to increase tax revenues in the short term. The changes listed below as examples mostly came into force at the beginning of April 2025.
TAX & BUSINESS
Tightening in the Financial Criminal Law Area
The Fraud Prevention Act 2024 introduced a new financial regulatory offence, which also makes the creation and use of dummy and covering invoices punishable.
TAX & BUSINESS
Tax aspects from the government programme
With the 2025‑2029 government programme the new administration presented the key points of measures for budget consolidation, as well as growth‑ and employment‑promoting measures. Below some of the planned measures are summarised.
TAX & BUSINESS
Dividends in the GSVG Contribution Base?
Dividends paid to managing shareholders of a Chamber of Commerce‑affiliated GmbH must be taken into account when calculating the contribution base for the GSVG compulsory insurance.
TAX & BUSINESS
Charitable status of an association
Charitable associations receive tax benefits when they undertake tasks in the public interest. However, associations are only classified as charitable if they pursue certain purposes that promote the public good.
TAX & BUSINESS
Flat-rate business expenses for managing directors
Since managing directors usually have no significant business expenses, they can apply the flat-rate business expense allowance of 6% of net turnover to reduce their taxable profit. At the same time, social security contributions can be claimed as an additional deductible business expense.
TAX & BUSINESS
Withdrawal of Items from Business Assets
Withdrawals of assets initially acquired and used for business purposes can have tax consequences.
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