The Austrian Ministry of Finance on 24 February 2020 released information concerning the rules for registration for and payment of the digital services tax.
Austria recently introduced a digital services tax for digital advertising services, effective 1 January 2020. Read TaxNewsFlash for further details.
In general, the Austrian digital services tax is imposed at a rate of 5% on the turnover from advertising services rendered by service providers in Austria. Monthly digital services tax payments are to be remitted by the 15th day of the second month following the subject month—for instance, the initial digital services tax payment for January 2020 will be due mid-March 2020.
The Austrian Ministry of Finance’s guidance clarifies the following areas:
Officials with the Ministry of Finance, during informal discussions, indicated that additional guidelines regarding the digital services tax may be provided later this year. It is anticipated that such future guidance would provide clarifications. Moreover, it is possible that there could be certain legislative changes proposed later this year regarding the digital services tax.
For more information, contact a KPMG tax professional in Austria:
Markus Vaishor | +43 1 31332 3652 | firstname.lastname@example.org
Florian Popl | +43 1 31332 3105 | email@example.com
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