Several changes to group loss treatment have been introduced under Austria's recently approved tax amendments. Under the changes, the temporary use of non-resident group member losses can still be utilized to offset taxable profits in Austria, but only the losses of non-resident group companies in other EU member states and in jurisdictions that have concluded a comprehensive assistance agreement with Austria. Recapture and taxation of such losses still applies in the following situations: The losses can be or have been utilized in the foreign jurisdiction The non-resident ceases to be a group member or exist at all The non-resident's business...