Austria Lower House Considers Bill to Amend Various Tax Laws

The Austrian lower house of parliament (Nationalrat) Oct. 17 accepted for consideration Bill No. 61/ME, the Tax Amendment Bill 2025, to amend various tax laws. The bill includes measures to: 1) specify inflation-indexed increases to income tax thresholds, allowances, and credits, from 2026; 2) specify new reporting and documentation rules for e-filing and self-assessment regarding real estate transfer tax, fees, and insurance tax; 3) amend the Minimum Taxation Act to incorporate rules for information exchanges, safe harbors, and deferred tax attributes under Directive 2025/872/EU; 4) provide technical and administrative updates to VAT, municipal tax, and procedural codes to enable digitalization ...