Austria published the Eco-Social Tax Reform Act 2022 in the Official Gazette on 14 February 2022, which includes amendments to the Income Tax Act, the Corporation Tax Act, and other acts. Some of the main measures include:
- A reduction in the corporate tax rate from 25% to 24% for the 2023 calendar year, with a further reduction to 23% from the 2024 calendar year, with corresponding reductions in regard to real estate income tax for corporations, certain withholding on income if the recipien…