VAT ACT 1994 and other Tax Acts amended in response to COVID 19 in Austria

On December 21, 2021, the Austrian National Council approved Federal Law Gazette I No. 227/2021 which contains tax relief and tax payment simplifications in response to the COVID-19 pandemic.  In the following lines, we unveil the key amendments.

 The key amendments in the Austrian VAT Act to take into consideration are:

• Goods and services provided to government bodies under EU Law shall be exempt if the use of the supply is for COVID-19 response. If conditions are no longer met, the government bodies must inform the Federal Ministry of Finance.
• Taxing the supply of Protective Masks at 0% will be extended until 30 June 2022.
• Additional details are introduced in 27 Paragraph 4. This will be enforced starting on 1 July 2021 and shall be applied to sales made on 1 July 2021 and further.