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Economy and Banking Sector of Austria

Withholding Tax

Withholding taxes are imposed at source of income and are often applied to dividends, interest, royalties, rent and similar payments. The rates of withholding tax are often reduced by double taxation agreements.

Withholding Tax Rates in Austria: 0.0 - 25.0%

Withholding tax rates applied on payments of interest and dividends in Austria are shown in Table 1.

Dividends Interest
Natural Persons (residents) 25.0 %25.0 %
Natural Persons (non-residents) 25.0 %0.0 %
Table 1. Withholding tax rates in Austria.

Double Taxation Agreements

Double Taxation Agreement (DTA) is an agreement between two or more countries for the avoidance of double taxation.

DTAs of Austria: 87 Signed Agreements

Austria signed DTAs which already came info force with the following jurisdictions:

AL Albania
DZ Algeria
AM Armenia
AU Australia
AZ Azerbaijan
BH Bahrain
BB Barbados
BY Belarus
BE Belgium
BZ Belize
BA Bosnia and Herzegovina
BR Brazil
BG Bulgaria
CA Canada
CN China
HR Croatia
CU Cuba
CY Cyprus
CZ Czech Republic
DK Denmark
EG Egypt
EE Estonia
FI Finland
FR France
GE Georgia
DE Germany
GR Greece
HK Hong Kong
HU Hungary
IN India
ID Indonesia
IR Iran, Islamic Republic of
IE Ireland
IL Israel
IT Italy
JP Japan
KZ Kazakhstan
KR Korea, Republic of
KW Kuwait
KG Kyrgyzstan
LV Latvia
LI Liechtenstein
LT Lithuania
LU Luxembourg
MK Macedonia
MY Malaysia
MT Malta
MX Mexico
MD Moldova, Republic of
MN Mongolia
MA Morocco
NP Nepal
NL Netherlands
NZ New Zealand
NO Norway
PK Pakistan
PH Philippines
PL Poland
PT Portugal
QA Qatar
RO Romania
RU Russian Federation
SM San Marino
SA Saudi Arabia
RS Serbia
SG Singapore
SK Slovakia
SI Slovenia
ZA South Africa
ES Spain
SE Sweden
CH Switzerland
TJ Tajikistan
TH Thailand
TN Tunisia
TR Turkey
TM Turkmenistan
UA Ukraine
AE United Arab Emirates
GB United Kingdom
US United States
UZ Uzbekistan
VE Venezuela
VN Vietnam

There are also several agreements between Austria and other jurisdictions which were signed but haven't yet come into force:

CL Chile
LY Libya
SY Syrian Arab Republic

Information Exchange

There are 3 ways for jusrisdictions to exchange information on tax matters:

  • spontaneously;
  • on request;
  • automatically.

Spontaneous exchange of information is provision of information that is forseeably relevant to another party without a request being previously sent.

Tax Information Exchange Agreements (TIEAs) enable exchange of information on request relating to a specific tax investigation, either criminal or civil.

Automatic information exchange allows jurisdictions to exchange information automatically, without having a specific tax investigation.

Exchange on Request: 6 Signed Agreements

Austria signed TIEAs which already came info force with the following jurisdictions :

AD Andorra
GI Gibraltar
JE Jersey
MC Monaco
VC Saint Vincent and The Grenadines

There are also several agreements between Austria and other jurisdictions which was signed but haven't yet come into force:

GG Guernsey

Automatic Exchange: Starts in September 2018

Austria signed the automatic information exchange agreement on 29 October 2014 and committed to start the automatic information exchange in September 2018.

Automatic Excnange: 50 Bilateral Agreements to Receive Information

Austria has signed bilateral agreements with 50 jurisdictions to automatically receive information:

AD Andorra
AR Argentina
AU Australia
BE Belgium
BQ Bonaire, Saint Eustatius and Saba
BG Bulgaria
CA Canada
CO Colombia
HR Croatia
CY Cyprus
CZ Czech Republic
DK Denmark
EE Estonia
FO Faroe Islands
FI Finland
FR France
DE Germany
GI Gibraltar
GR Greece
GG Guernsey
HU Hungary
IS Iceland
IN India
IE Ireland
IM Isle of Man
IT Italy
JP Japan
JE Jersey
KR Korea, Republic of
LV Latvia
LI Liechtenstein
LT Lithuania
LU Luxembourg
MT Malta
MU Mauritius
MX Mexico
MC Monaco
NL Netherlands
NZ New Zealand
NO Norway
PL Poland
PT Portugal
RO Romania
SM San Marino
SK Slovakia
SI Slovenia
ES Spain
SE Sweden
CH Switzerland
GB United Kingdom

Automatic Excnange: 55 Bilateral Agreements to Send Information

Austria has signed bilateral agreements with 55 jurisdictions to automatically send information:

AD Andorra
AR Argentina
AU Australia
BE Belgium
BM Bermuda
BQ Bonaire, Saint Eustatius and Saba
VG British Virgin Islands
BG Bulgaria
CA Canada
KY Cayman Islands
CO Colombia
HR Croatia
CY Cyprus
CZ Czech Republic
DK Denmark
EE Estonia
FO Faroe Islands
FI Finland
FR France
DE Germany
GI Gibraltar
GR Greece
GG Guernsey
HU Hungary
IS Iceland
IN India
IE Ireland
IM Isle of Man
IT Italy
JP Japan
JE Jersey
KR Korea, Republic of
LV Latvia
LI Liechtenstein
LT Lithuania
LU Luxembourg
MT Malta
MU Mauritius
MX Mexico
MC Monaco
MS Montserrat
NL Netherlands
NZ New Zealand
NO Norway
PL Poland
PT Portugal
RO Romania
SM San Marino
SK Slovakia
SI Slovenia
ES Spain
SE Sweden
CH Switzerland
TC Turks and Caicos Islands
GB United Kingdom

Further Information

FATCA

Foreign Account Tax Compliance Act (FATCA) which became law in the United States in March 2010, focuses on reporting made by foreign financial institutions about financial accounts held by US taxpayers or foreign entities in which US taxpayers hold a substantial ownership interest. The FATCA-reporting is facilitated by Intergovernmental Agreements (IGAs).

FATCA Status in Austria
IGA in effect since 29 April 2014, Model 2

Austria has FATCA agreement with the U.S. in effect since 29 April 2014 (Intergovernmental Agreement Model 2).

Further Information