- Austria’s Budget Restructuring Measures Bill 2025 entered into force on March 18, 2025.
- The bill cancels the VAT exemption for PV systems, effective April 1, 2025.
- The VAT exemption for PV systems was introduced on January 1, 2024, and was originally set to expire on December 31, 2025.
- The cancellation is expected to generate an additional EUR 175 million in revenue in 2025.
Source: regfollower.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
