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Austria Issues Release on Assistance for Businesses Repaying Deferred Taxes

14 June 2021

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Approved Changes

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Austria

Austria's Ministry of Finance has issued a release on the assistance being provided for businesses repaying deferred taxes, including a reduction of initial installments when repayment begins. --- Blümel: Helping businesses repay deferred taxes Federal Ministry of Finance – Instalment payment calculator now online – applications open for COVID-19 instalment payment scheme including 'safety car' phase from 10 July 2021 The formal deferral of tax arrears implemented during the COVID-19 pandemic ends on 30 June. Up to the beginning of June, EUR 5.6 billion in tax had been deferred or made subject to preferential payment terms; actual deferrals of income...