Implementation DAC7 and Other Amendments to Tax Laws

The Austrian Federal Council approved a bill on the implementation of the Amending Directive to the 2011 Directive on Administrative Cooperation (2021/514) (DAC7) and further amendments to other tax laws (Abgabenänderungsgesetz 2022).

• Extension of the VAT regime for triangular transactions;
• Introduction of new rules on the entitlement to interest on excess VAT and VAT refunds as a follow-up to the ECJ decision in CS and Finanzamt Graz-Stadt v. Finanzamt Judenburg Liezen and TechnoRent International GmbH (Case C-844/19)
• Introduction of a definition of the point in time at which the right to deduct input VAT arises in the case of supplies of services by entrepreneurs using the cash accounting scheme as a follow-up to the ECJ decision in Grundstücksgemeinschaft Kollaustraße 136 v Finanzamt Hamburg-Oberalster (Case C-9/20)

Source TEVEA

See also

• ECJ C-844/19 (TechnoRent) – Decision – Interest for late VAT refunds despite lack of national provision
• ECJ C-9/20 (Grundstücksgemeinschaft Kollaustraße 136) – Decision – No deduction of VAT if chargeable event is later