The Ministry of Finance in Austria has introduced a new tax relief at source regime. It will take effect from 1 July. But foreign clients of the local custodians will not benefit. “It will not change the current tax reclaim procedure at all, as it excludes all kind of bank activities and will only aim to regulate private individuals double taxation administration,” explains a spokeswoman for Erste Bank in Vienna.
Withholding Tax Claimants Not To Benefit As Austria Introduces Tax Relief At Source
The Ministry of Finance in Austria has introduced a new tax relief at source regime. It will take effect from 1 July. But foreign clients of the local custodians will not benefit. "It will not change the current tax reclaim
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