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Austria: National Council approves the amendments on the VAT ACT 1994 and other Tax Acts in response to COVID 19 

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On December 21, 2021,the Austrian National Council approved Federal Law Gazette I No. 227/2021 which contains tax relief and tax payment simplifications in response to the COVID-19 pandemic. The key amendments in the Austrian VAT Act to take in consideration are: 

 

  • Goods and services provided to government bodies under EU Law shall be exempt if the use of the supply is for COVID-19 response. If conditions are no longer met, the government bodies must inform the Federal Ministry of Finance.
  • Taxing the supply of Protective Masks at 0% will be extended until 30 June 2022.
  • Additional details are introduced in 27 Paragraph 4. This will be enforced starting on 1 July 2021 and shall be applied to sales made on 1 July 2021 and further. 

 

The law was published by Austria’s Official Gazette presenting the approved amendments on various Tax Acts, including Value Added Tax (VAT) Act 1994.  The other Tax Acts amended and included in this publication are the Income Tax Act 1988 (EStG), Corporate Tax Act 1988 (KStG), Beer Tax Act 1995, Sparkling Wine Tax Act 1995, Tobacco Tax Act 1995, and more. 

 

 

Source: RIS – Federal Law Gazette I No. 227/2021 

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