Austria has published the Decree of 4 June 2021, which updates the interest rates for deferred tax payment, suspended tax payment, and others. This includes a table setting out the applicable interest rates considering the base rate from the National Bank going back to December 2002.
The update includes a change in the interest rate for deferred payment (Stundungszinsen), which is generally 4.5% plus the base rate where the late tax payment due exceeds EUR 750. For the period 1 July 2021 to…