Austria
Austria is one of the 27 Member States of the European Union.
Basic VAcTs
Latest update | 01.06.2024 |
Country ISO Code | AT |
EU Member State | Yes |
VAT Rates | |
Standard VAT Rate | 20% |
Reduced VAT Rate | 10% |
Special Reduced VAT Rate | 13% |
VAT Compliance | |
Standard VAT Return filing period | Month or (calendar) quarter + Annual Return |
Standard VAT Return filing deadline | 15th day of month following filing period |
VAT Representation required for non-resident |
Yes, mandatory for non-EU businesses, unless Mutual Assistance Agreement |
Record retention period | 7 years (22 years if relating to immovable property) |
Electronic invoicing | Not mandatory for B2B transactions |
Real-time reporting | n.a. |
Special Rules | |
General domestic reverse charge for domestic supplies of goods by non-resident businesses? |
Yes / No * |
Other domestic reverse charge mechanisms? | Yes, e.g. supplies of specific goods (e.g. scrap, waste materials), supply of CO2-certificates, and (sub-)contracting work |
Postponed Accounting on Import | No |
VAT Grouping possible? | Yes |
VAT Refunds for non-EU businesses? | Yes (no reciprocity) |
Remarks | |
Link to VAT Law | HERE |
Remarks | * There is a withholding system where non-resident suppliers charge VAT on their invoice, but the customer withholds this VAT and pays it directly to the tax authorities. |
Here's an overview of the latest VAT news for this country.