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    • International VAT Tax Consultancy
    04
    Apr

    Austria Electronic Marketplaces


    Austria aims to make electronic marketplaces more responsible for the collection of VAT. Operators of electronic marketplaces must record detailed information about individual traders using their site and forward the information to the Austrian tax authorities. The information must include annual turnover, customer names and records concerning stocks. The new regulations should enter into effect on 01.01.2020.