Austrian Parliament Approves Reduction of VAT Rate on Accommodation Services
On 5 April 2018, Austria's Federal Council (Bundesrat) approved legislation for a reduction in the value added tax (VAT) rate on accommodation services from 13% to 10%. The reduced rate also covers the associated ancillary services and ancillary benefits, such as breakfast, if included in the accommodation charge. The legislation will enter into force on 1 November 2018 and the reduced rate wi…
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