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Austria Announces Approval of Several COVID-19 Measures

29 April 2020

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Approved Changes

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Austria

Austria's Ministry of Finance issued a release on 24 April announcing the approval of several COVID-19 measures, including the VAT exemption on face masks and refunds of tax credits, which must normally be set off against other tax liabilities. --- Blümel: Rapid assistance and the greatest possible goodwill are paramount Budget Committee adopts numerous COVID-19 measures put forward by the Federal Ministry of Finance — VAT exemption for protective face masks, relief on travel expense allowances for sportspeople, Grant Audit Act for auditing COVID-19 grants. The Austrian federal government has assembled an aid package totalling EUR 38 billion. The aid...