Austria MOF Seeks Comments on Bill to Amend Various Tax Acts

The Austrian Federal Ministry of Finance April 28 opened a consultation on a bill to amend various tax acts. The bill includes measures to: 1) introduce an annual obligation to provide evidence for the non-assessment of exit tax on amounts exceeding 100,000 euros (US$117,354), with noncompliance triggering taxation, and introduce a one-off obligation to provide evidence for earlier non-assessed amounts; 2) clarify that the tax exemption for remuneration for public holiday work also applies under comparable Austrian statutory regimes; 3) provide that bonuses paid from July to December 2026 are tax-free to employees up to 500 euros (US$587), and limit ...