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Austria

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Tax authorities

Federal Ministry of Finance
Himmelpfortgasse 8, 1015 Vienna
Tel: +43 1 51 433 0
Fax: +43 1 51 262 00
Website: www.bmf.gv.at

Tax rates at a glance

(As of September 2009) 

Corporate Income tax rate (%) 25 (a)
Capital Gains tax tate (%) 25

Withholding tax (%)
Dividends 25 (b)
Interest (from bank deposits and securities only) 25
 
Royalties from Patents, Know-how, etc.
    
20 (c)

Net operating losses (years)
Carryback
Carryforward Unlimited (d)

(a) Applies to distributed and undistributed profits.
(b) In general, applicable to dividends paid to residents and nonresidents. Certain dividends paid to Austrian companies are exempt from tax
(c) Applicable to nonresidents.
(d) The offset of loss carryforwards against taxable income is limited to 75% of taxable income

Source: Ernst & Young

Austria

Paul Doralt
Dorda Brugger Jordis
Austria

Paul Doralt of Dorda Brugger Jordis explains that the government included changes to group taxation and participation exemption rules in new legislation during 2009

[Show full article]

Tax

This year saw a major tax reform in Austria as well as an economic recovery plan. Participation exemption rules were extended for portfolio dividends and personal income tax was cut. The government came under pressure to soften its banking secrecy laws, ... [more]

Deloitte's tax team is led by Erwin Holzer and the entire practice is led by senior tax partner Bernard Vanas. Andrea Lahodny-Karner has been praised by her peers for her work in transfer pricing and is widely seen as a specialist in the field. The litigation ... [more]

Ernst & Young's tax team consists of 10 tax partners and is led by transfer pricing specialist Andreas Stefaner. Roland Rief is highly regarded by his peers for his work in M&A and leads the international tax services department. Nina Doralt has been ... [more]

KPMG's tax practice consists of 10 partners and 70 fee earners. The team is led by Hans Zöchling, who is recognised for his M&A capabilities. Barbara Polster is also recognised for her work in M&A and is also involved in international tax planning and ... [more]

LeitnerLeitner has a well-known tax group with 22 partners and 150 fee earners. The firm is led by Reinhard Leitner. His brother Roman Leitner is known for his work in tax controversy. Sabine Kirchmayr and Tatjana Polivanova-Rosenauer head the banking ... [more]

Friedrich Rödler, a tax partner, is head of the whole of PricewaterhouseCoopers in Austria. The tax department is led by Herbert Greinecker. Rödler has been described by a peer as being "good across the field," although he is known for his work in M&A. ... [more]

Arnold Rechtsanwalts-Partnerschaft is a family boutique led by the father and son team of Wolf-Dieter Arnold and Nikolas Arnold. Wolf-Dieter Arnold is widely recognised among his peers for his skills in litigation. Nikolas Arnold is the author of a leading ... [more]

Dorda Brugger Jordis has a tax team consisting of eight people including three partners and is led by Paul Doralt, who is praised for his capital markets work. The firm's impressive array of clients include AES Corporation, HSBC, JPMorgan Chase and Banco ... [more]

Freshfields Bruckhaus Deringer's tax department is led by sole partner Michael Sedlaczek, who has been praised for his work on cross-border structuring and M&A. Claus Staringer is the principal consultant who specialises in financial products and M&A. ... [more]

Wolf Theiss has been involved in tax law for 15 years and the firm has four partners. The team is led by Niklas Schmidt, who has been widely praised for his capital markets and M&A work. The firm recently strengthened its team by hiring Clemens Schindler ... [more]

BDO Auxilia's tax team has five partners and employs around 200 fee earners. The tax team is led by Karl Bruckner. Its international tax team is led by Marjit Windinski, who advises on transfer pricing, M&A and cross-border structuring. Reinhard Rindler ... [more]

BPV Hügel Rechtsanwälte's tax practice is led by Hans Hügel, who one commentator described as "the most famous tax lawyer in Austria". He is widely recognised for his M&A work and is a well regarded litigator. The firm's other partner Florian Gibitz ... [more]

Cerha Hempel Spiegelfeld Hlawati tax team consists of three partners and five fee earners. The firm is led by Clemens Hasenauer, who is recognised for his work on M&A transactions. Johannes Prinz is also involved in transaction work and they are supported ... [more]

Baker & McKenzie's tax team is led by sole partner Imke Gerdes who is a an accountant and a lawyer. She is concerned primarily with M&A and cross-border structuring. The firm has three fee earners including Klaus Link who was hired this year. Baker & ... [more]

Binder Grösswang's tax team is led by Andreas Hable, who is known for his work in transfer pricing and indirect taxes. The firm's other partner, Christian Wimpissinger, focuses on international taxation. The firm is involved in M&A, restructuring and ... [more]

Saxinger, Chalupsky & Partners's tax team consists of two partners and six fee earners. The tax department is led by Werner Minihold, who is a dual qualified tax adviser and tax lawyer. He is recognised for his work in M&A and financial instruments. ... [more]

Schönherr Attorney's tax team is led by Peter Feyl. The other partner, Andreas Baumann, is a dual qualified lawyer and certified tax adviser who replaced Paul Doralt when he left to join Dorda Brugger Jurdis. Baumann is also an academic who lectures ... [more]

CMS Reich-Rohrwig Hainz's tax team is led by Sibylle Novak and Johannes Reich-Rohrwig. Novak specialises in M&A, private foundations and corporate restructurings. Reich-Rohrwig is known for his litigation skills and is also involved in M&A and capital ... [more]

DLA Piper Weiss-Tessbach's tax practice consists of five fee earners and is led by sole partner Claudine Vartian.

SchneideR's is a small tax boutique headed by sole partner Robert Schneider. The firm offers specialised tax and legal advice for international investors doing business in Austria. The firm's clients include energy companies, Hypo-Alpe-Adria Bank and ... [more]

See also

Austria
Central and Eastern Europe (Regional Rankings)

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