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  • Service: Tax, International Corporate Tax, Global Indirect Tax
  • Type: Regulatory update
  • Date: 9/28/2012

Austria - Legislative changes to real estate tax 

September 28:  Recent legislative changes concerning real estate in Austria include the following tax-related provisions.

Property tax imposed on sale of foreign property

Effective 1 April 2012, property tax will be due in Austria for the sale of foreign property if (1) the taxpayer is an Austrian resident; and (2) taxation is not limited by an income tax treaty and / or a corresponding tax treaty allows for use of the imputation method.


Read a September 2012 report (German) [PDF 128 KB] prepared by the KPMG member firm in Austria: Einkommensteuer / Veräußerung von ausländischen Grundstücken

Proposed land registration “fee”

Draft legislation in Austria would amend the rules for a land registration "fee" (tax), with the tax to be imposed at a rate of 1.1% on the market value of property, beginning 1 January 2013.


Existing law was found to be unconstitutional by the Austrian Constitutional court by a 21 September 2011 decision (ZI. G 34, 35/2011). Under the existing law, a fee increase may result for “gratuitous acquisition” transactions (e.g., gifts, inheritances) and reorganizations.


The proposed legislation aims to relax the rules for imposition of the tax on such gratuitous land transfers.


Read a September 2012 report (German) [PDF 132 KB] prepared by the KPMG member firm in Austria: Neuregelung der Grundbucheintragungsgebühr ab 2013




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