Wednesday, 22 February 2023 12:39

What VAT rates apply in Austria?

VAT (value-added tax) is a tax on goods and services, i.e. on the increase in value of goods as a result of the production process or the creation of services. VAT is an indirect tax and is charged at each successive stage of the trade in goods or services. VAT affects both sellers and buyers of goods and services, as its value is added to the net value of the transaction.

Page 1 of 17