Austria marketplace VAT liabilities
- Jan 29, 2019 | Richard Asquith
Austria is to become the latest EU country to propose making sharing economy online marketplaces responsible for the VAT of third-parties on their platforms. The implementation date is 2020.
Platforms must supply the tax authorities with transactional data from third parties on their platforms which will help determine Austrian VAT liabilities.
Austria is also considering withdrawing the €22 VAT and customs exemption for small value imports from outside the country. The EU is scheduled to scrap this relief in 2021.
Need help with your Austrian VAT compliance?
Researching Austrian VAT legislation is the first step to understanding your VAT compliance needs. Avalara has a range of solutions that can help your business depending on where and how you trade.
Latest Austrian news
February 1, 2019
Austria has announced that it will harmonise its VAT rates on electronic books with those of their paper equivalent. This means reclassifying them from the standard VAT rate of 20% to the reduced rate of 10% from 1 January 2020.
January 29, 2019
Austria is to become the latest EU country to propose making online marketplaces responsible for the VAT of third-party sellers on their platforms. The earliest likely implementation date is January 2020.
January 25, 2019
The European Commission (EC) has proposed switching from unanimous to majority voting on EU VAT and other tax policies. The aim is to progress fiscal reforms which face immovable opposition from just a limited number of member states.