Die Beseitigung der steuerlichen Mehrbelastungen durch die Zuzugsbegünstigung = Elimination of tax burdens by the favourable treatment of a relocation to Austria

Resource Information

The work Die Beseitigung der steuerlichen Mehrbelastungen durch die Zuzugsbegünstigung = Elimination of tax burdens by the favourable treatment of a relocation to Austria represents a distinct intellectual or artistic creation found in International Bureau of Fiscal Documentation. This resource is a combination of several types including: Work, Language Material, Continuing Resources.

Label

Die Beseitigung der steuerlichen Mehrbelastungen durch die Zuzugsbegünstigung = Elimination of tax burdens by the favourable treatment of a relocation to Austria

Creator

• Kanduth-Kristen, S
• Kampitsch, A

Subject

• foreign source income
• repatriation
• tax burden
• entertainer
• sportsmen
• flat-rate taxation

Language

eng

Summary

The elimination of a tax burden related to the relocation of scientists, artists and sportsmen to Austria (sec 103 para 1 of the Austrian Income Tax Act; ITA) has recently faced major changes. While the legal basis of the provision has remained unchanged, the Tax Reform Act 2015/2016 (Steuerreformgesetz 2015/2016) broadened the power of the Minister of Finance to issue ordinances (sec 103 para 3 ITA). The Ordinance on the Favourable Treatment of Relocation to Austria 2016 (Zuzugsbegünstigungsverordnung 2016; ZBV 2016) provides for a flat tax rate on foreign income that is calculated upon the foreign taxes paid in proportion to the foreign income received in the three years preceding the relocation to Austria. However, the details of the tax rate's calculation are unclear. In this article, the authors attempt to identify and clarify these details

Citation source

In: Steuer und Wirtschaft International. - Wien. - Vol. 28 (2018), no. 11 ; p. 551-559

Geographic coverage

• European Union
• Europe

Language note

German