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Austria Announces Digital Tax Package Including 5% Digital Tax on Advertising for Large Corporations and VAT Obligations for Digital Retail Platforms

|Proposed Changes|Austria
Austria

The Austrian Ministry of Finance issued a release on 3 April 2019 announcing the first part of their digital tax package.

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Löger/Fuchs: 5% digital tax on large digital corporations

Digital tax package to raise EUR 200 million in revenue

Austrian Finance Minister Hartwig Löger and State Secretary Hubert Fuchs are today sending the first part of their digital tax package for evaluation. …

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