As from 1 January 2022, the Tour Operators Margin Scheme (TOMS) in Austria is extended to apply to VAT-registered businesses as recipients (i.e., B2B supplies) and changes are made to the VAT base for tour operators. The changes were made as a result of a decision of the Court of Justice of the European Union (CJEU) issued on 27 January 2021.
Source: BDO
Latest Posts in "Austria"
- New 2026 Decree: Updated Cash Register and Receipt Rules for Businesses and Non-Profits
- VAT Classification of Used Car Bought as Rental and Sold by Dealer: BFG Decision 2026
- Austria Denies VAT Exemption for Exports with Under-Invoiced Export Documents, Finance Ministry Clarifies
- Input Tax Adjustment for Insolvent VAT Groups: Liability of Parent Company under § 16 UStG
- New Guidelines on Cash Register and Receipt Issuance Obligations Effective January 2026
