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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

05 April 2019

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Proposed Changes

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Austria

The Austrian Ministry of Finance issued a release on 3 April 2019 announcing the first part of their digital tax package. --- 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. The package provides for the introduction of a 5% digital tax on large digital corporations, a liability clause for digital agency platforms, and a compulsory VAT for digital retail platforms. "Through the digital tax package, we are...