Austria Tax ReformOctober 2021
The Austrian government presented on October 3 , 2021 its proposal for tax reform.
The tax reform includes, inter alia, reduction of the corporate income tax rate from 25% to 24% in 2023 and further to 23% in 2024.
Certain tax brackets for individual taxpayers will be reduced too from July 2022 and from July 2023.
Austria Israel Tax TreatyMarch 2018
The 2016 double tax treaty, DTA ,between the two countries entered into force on March 1,2018. Applying from January 1, 2019.
According to the DTA the tax withholding rates will be 0%/10%/15% for payment of dividends and 0%/5% for payment of interest.
Royalties income will be taxed only in the recipient's place of residence.
Austria Bosnia Herzegovina Double Tax TreatyFebruary 2012
The double tax treaty, DTA, between Austria and Bosnia and Herzegovina which was signed on December 16 2010 entered into force on January 1, 2012.
The DTA which is in line with the OECD model includes, inter-alia, tax withholding rates of 5%/10% on dividends, 5% on interest and 5% on royalties.
Austria Tax Rates 2009February 2009
There are no signifant changes in the 2009 tax rates compared to 2008.
The Austrian corporate tax rate for 2009 is 25%. Personal tax rtates are progressive, up to 50%.
The standard V.A.T. rate is 20%, There is also a reduced V.A.T. rate of 10%.
Austria - EU TaxesJanuary 2006
The Austrian chanceller called on 18.1.2006 for new taxes to be imposed on European Union citizens, financing the EU budget.
The suggestion to give the EU power to levy taxes directly on European Union citizens is expected to meet strong opposition from some EU member states.
Note: The information in this site is for general guidance only. Users of this site are advised to take professional advice before taking practical tax decisions.
Please read our terms of service before entering this site.