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tax law news

Get an overview of our tax law news.

Read through our tax law team's articles, publications and news:

publication

Markenrechte nach Malta verschifft

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press release

Austria: Schoenherr advises Credendo on the cross-border merger of their Austrian stock company into a Belgian group company

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publication

31 March 2021

austria

T.Hayden M.Thorbauer

Zweifelsfragen iZm der Meldung nach dem EU-MPfG

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publication

31 March 2021

austria

T.Hayden M.Thorbauer

Brexit: Update Umsatzsteuerliche Auswirkungen

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roadmap

Restructuring tools for companies in economic crisis

Austrian tax law provides various reorganisation tools for companies in an economic crisis. Among others, these include shareholder contribution (in the broad sense), debt/equity swap, debt waiver, assumption of debt, letter of comfort, participation right, capital decrease, surety/guarantee, assumption of performance, silent partnership, debt mezzanine swap and restructuring trust. 

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publication

Sanierungsinstrumente für Gesellschaften in der „Krise“ (Teil 2)

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publication

Zweifelsfragen beim Debt-Mezzanine-Swap

Gewährt ein Gesellschafter oder eine unternehmensfremde Person einer Kapitalgesellschaft ein Darlehen, kann es insb in der Krise der Kapitalgesellschaft attraktiv sein, die Darlehensforderung in Eigenkapital zu wandeln (Debt-Mezzanine-Swap).

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newsletter

10 November 2020

romania

M.Moga-Paler

Romania: Amendments to fiscal legislation impacting employment relations

A series of fiscal measures were introduced in the Fiscal Code by Law No. 239/2020, amending and supplementing Law No. 227/2015 on the Fiscal Code.

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publication

10 August 2020

austria

M.Thorbauer T.Hayden

Umsatzsteuerliche Auswirkungen des Brexits

Nach zähen Verhandlungen und einigen Verlängerungen hat Großbritannien (GB) mit 31.1.2020 die EU verlassen.

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newsletter

30 July 2020

austria

P.Feyl C.Grassinger

An apple a day keeps taxation away?

The General Court (GC) of the European Union ruled in favour of Apple in the state aid case regarding Apple's Irish tax structure, annulling the 2016 decision of the European Commission (EC).

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publication

Die Unterbeteiligung an Kapitalanteilen im Gesellschafts- und Steuerrecht

Im österr Recht besteht eine Vielzahl von Beteiligungsmöglichkeiten, die unterschiedlichst ausgestaltet werden können und die verschiedenste gesellschafts- und steuerrechtliche Folgen haben.

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publication

Sanierungsinstrumente für Gesellschaften in der "Krise"

Im österreichischen Gesellschaftsrecht einschließlich Bilanzrecht (UGB), Ertragsteuer-, Unternehmensreorganisations-, Insolvenz- und Eigenkapitalersatzgesetz finden sich unterschiedliche Anknüpfungen an die "Krise" eines Unternehmens.

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newsletter

Sanierungsinstrumente in der Krise

Gerade in aktuellen Krisenzeiten stellt sich für viele Unternehmer die Frage, wie sie ihr Unternehmen bestmöglich sanieren können, um so das Fortbestehen des Unternehmens zu sichern.

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publication

Wer kann bei Bilanzfälschung durch Vorstandsmitglieder zur Verantwortung gezogen werden?

Einmal mehr steht die Bilanzfälschung bei AGs medial im Fokus.

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newsletter

23 April 2020

romania

M.Roibu

Romania: Are Romanian companies ready for post-pandemic tax audits?

As part of the preventive measures taken to mitigate the impact of the COVID-19 pandemic, the Romanian tax authorities have limited the number of tax audits at taxpayers' premises for the duration of the state of emergency.

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newsletter

COVID-19 Update – Croatia – Tax / Banking & Finance

On 19 March 2020 the Croatian Parliament adopted a series of laws aiming to reduce the adverse effects of the coronavirus on the Croatian economy.

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publication

18 March 2020

austria

T.Hayden M.Thorbauer

Einschränkungen der Hebung stiller Lasten in Rückstellungen (Teil 2)

Anders als der deutsche Gesetzgeber dürfte der österreichische Gesetzgeber die Möglichkeit der Hebung stiller Lasten in Rückstellungen vorausgesehen haben, weil sich für Sozialrückstellungen in § 14 EStG bereits spezifische Beschränkungen hierfür finden.

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publication

21 February 2020

austria

M.Thorbauer T.Hayden

Die Hebung stiller Lasten in Rückstellungen (Teil 1)

Stille Lasten in Rückstellungen entstehen durch spezifische Ansatzverbote, Ansatzbeschränkungen oder Bewertungsvorbehalte im Bilanz- und Steuerrecht, die - entgegen dem Imparitätsprinzip - zu einer eingeschränkten Aufwandsdarstellung in der abgelaufenen Wirtschaftsperiode führen.

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newsletter

31 January 2020

austria

T.Hayden

The consequences of Brexit for Austrian VAT

After several extensions and long negotiations, the United Kingdom is now set to leave the European Union on 31 January 2020, after which a transitional period will commence until 31 December 2020.

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newsletter

13 January 2020

croatia

A.Rupčić* O.Kobsa*

Fourth round of Croatian tax reforms takes effect l Croatia

In late November 2019 the Croatian Parliament passed a series of laws amending Croatian tax legislation. The new laws, in the most part, came into effect on 1 January 2020.

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roadmap

cee overview - tax

An overview of tax innovations for Austria, Romania and neighbouring countries

Significant tax innovations came into force in 2019 in the Austrian legal market.

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roadmap

Austria: New Digital Services Tax

In September 2019, the Austrian parliament passed the new Digital Services Tax Act, which will enter into force on 1 January 2020. The main goal is to achieve "fair taxation" by taxing online advertising services provided in Austria. But in fact it is aimed at multinational tech companies.

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roadmap

Austria's implementation of the DAC 6-directive: The EU Reporting Act

Following the approval on 25 May 2018 of the European DAC 6-directive, which obligates taxpayers and tax intermediaries to report certain aggressive cross-border arrangements to the tax authorities, the Austrian parliament approved the EU Reporting Act (EU-Meldepflichtgesetz) on 20 September 2019, which implements the aforementioned directive into Austrian domestic law. This publication will highlight the most important takeaways and developments of this new act in comparison to the directive, which was already discussed in Roadmap 2018.

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roadmap

Throwback: Implementation of CFC rules in Austria

One of the Anti-Tax Avoidance Directive (ATAD) measures involves the reallocation of income of Controlled Foreign Companies (CFC) in low-tax jurisdictions to the parent company. The new Austrian CFC rules came into force on 1 January 2019. On 25 January 2019, the Austrian government published a Regulation on the application of these CFC rules. This article provides a practical overview of the Austrian CFC rules.

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publication

to the point: Tax News Österreich | Q3 2019

In unserem "to the point: Tax News Österreich" beleuchten unsere Tax-Experten für Sie jedes Quartal die aktuellen Änderungen im Steuerrecht, die aktuelle steuerrechtliche Judikatur sowie Auffassungen der Finanzverwaltung / des Schrifttums.

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publication

16 October 2019

austria

C.Grassinger

Gebührenpflicht durch Kettenverweis

Der vollständige Artikel ist hier zu finden.

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publication

to the point: Tax News Österreich | Q2 2019

In unserem "to the point: Tax News Österreich" beleuchten unsere Tax-Experten für Sie jedes Quartal die aktuellen Änderungen im Steuerrecht, die aktuelle steuerrechtliche Judikatur sowie Auffassungen der Finanzverwaltung / des Schrifttums.

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newsletter

05 August 2019

romania

M.Moga-Paler

Are you ready for the tax and employment authorities' dawn raids? - Romania

A wave of dawn raids from mixed teams of the Romanian tax and employment authorities (ANAF and ITM) is expected this August. As per public declarations, these measures target tax evasion and "black market" labour.

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media coverage

26 July 2019

romania

M.Moga-Paler

Salarii mai mari si taxe mai mici din 21 iulie 2019. Ce trebuie sa stii daca activezi in domeniul construcțiilor

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newsletter

15 July 2019

austria

C.Grassinger

Digital Services Tax proposed

In early April 2019, the Austrian Federal Government published a draft of the Digital Tax Act 2020 which is currently under review.

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publication

29 May 2019

austria

M.Thorbauer

Wo liegt der Ort der Verwertung von Patentrechten?

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roadmap

Implementation of the EU Anti-Tax Avoidance Directive (ATAD; EU 2016/1164) into Austrian and Romanian Law

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roadmap

2019

romania

Single EU VAT area. Are you ready?

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roadmap

The Interest Limitation Rule under the Anti-Tax Avoidance Directive

ATAD and BEPS:
In 2016, the European Union adopted the Anti-Tax Avoidance Directive ("ATAD") to combat "aggressive tax planning" as part of the Anti-Tax Avoidance Package. Article 4 of the ATAD includes an Interest Limitation Rule ("ILR") based on the recommendations set forth in Action 4 of the OECD's Base Erosion and Profit Shifting ("BEPS") project.

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roadmap

2019

romania

Cryptocurrency in Romania. A go or a no-go?

In Romania, authorities are yet to create the legal framework that would regulate the taxation of activities related to cryptocurrency. This legislative gap leaves plenty of room for tax avoidance, as even the most well-intentioned taxpayers lack the tools to understand what taxes they need to pay in relation to their cryptocurrency trading.

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roadmap

Tax intermediaries to disclose potentially aggressive tax arrangements to tax authorities

On 25 May 2018, the Council adopted a directive forcing tax intermediaries or taxpayers to report aggressive cross-border tax planning schemes to the tax authorities, which may exchange such information with other tax authorities within the EU. The Directive is to be implemented by 31 December 2019 and is applicable from 1 January 2020.

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media coverage

06 December 2018

austria

C.Benes M.Thorbauer

Steuern sparen mit Ackerland und Wald

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newsletter

26 July 2018

hungary

G.Szalóki

Hungary reconsiders the banking transaction tax to promote electronic payments

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newsletter

European Union: VAT Regime 2.0 - Will the Empire Strike Back?

The European Commission proposed fundamental changes to the current Value Added Tax (VAT) regime, aimed at delivering a definite pan-European VAT system in order to tackle tax fraud as well as to unify and simplify VAT requirements for companies while lessening red tape.

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roadmap

2018

romania

Transfer pricing in Romania

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roadmap

2018

romania

Disclosure of financial information of multinationals based on EU Country-by-Country Reporting implemented in Romanian law

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roadmap

2018

romania

Disclosure of tax planning schemes by intermediaries (proposal for an EU-Directive) - Proposed date of application 1 January 2019

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roadmap

Comparison of tax secrecy in Austria and Romania

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roadmap

2018

austria

Tax Secrecy vs Exchange of Tax Information

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newsletter

31 October 2017

austria

C.Grassinger

Intercompany Transactions: How does BEPS Change Transfer Pricing?

The OECD's Anti Base Erosion and Profit Shifting Initiative (BEPS) significantly affects current transfer pricing regimes regarding intangibles, documentation and dispute resolution.

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newsletter

22 March 2017

moldova

V.Iurkovski

Individual Tax Rulings Now Possible in Moldova – And They're Binding!

What previously was impossible and not foreseen by local legislation is now possible. Starting 1 January 2017, the Tax Code of Moldova (the "Tax Code") was amended by Law 281/2016 to include a separate norm (Art. 136¹) on individual tax rulings ("ITR") for the benefit of entrepreneurs. Within the limits of its scope and in respect of a concrete beneficiary, an issued ITR is binding on the State Tax Service (the "STS"). The Government and the Ministry of Finance are expected to approve the secondary legislation to regulate the details of the procedure.

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