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Austria flag Austria:

Presentation of Austria : Taxation

Value Added Tax (VAT): Einfuhrumsatzsteuer
Standard rate is 20% with slight variations according to where the supply is made. In Jungholz and Mittelberg, the standard rate is 19%.
Company Tax :
Corporate Tax Rate: 25%
Profit distribution at shareholder level (withholding tax): - 25% for corporations
- 27.5% for other recipients
Minimum Tax
(for companies in a tax-loss position): - EUR 437.50 per quarter for a GmbH founded before 30 June 2013
- EUR 125 per quarter for the first five years, and EUR 250 for the next five years for a GmbH founded after 30 June 2013
- EUR 875 for an AG for each full quarter of a year
Withholding Taxes :
Withholding tax rates are:
Dividends: 25%/0% (paid to another Austrian company if the recipient company holds at least 10% of the shares in the distributing company)/ 27.5% for individuals;
Interest: 0% (loan interest paid to a non-resident company)/25% (silent partner corporation)/25% for resident companies/27.5% for individuals
Royalties: 0% (resident company or individual)/20% (non-resident)
Social Security Contributions Paid By Employers :
Pension insurance: 12.55%
Accident insurance: 1.20%
Health insurance: 3.78%
Unemployment insurance: 3%
Miscellaneus: 0.70%
Family burdens equalisation levy: 3.9%
Chamber of commerce contribution: between 0.34% and 0.42%
Other Domestic Resources
Federal Ministry of Finance
Consult Doing Business Website, to obtain a summary of the taxes and mandatory contributions.
 

Country Comparison For Corporate Taxation

  Austria OECD United States Germany
Number of Payments of Taxes per Year 12.0 10.1 10.6 9.0
Time Taken For Administrative Formalities (Hours) 131.0 163.6 175.0 218.0
Total Share of Taxes (% of Profit) 51.4 41.6 36.6 48.8

Source: Doing Business - Latest available data.

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Latest Update: November 2022