Austria

Austria’s tax system is administered by the Federal Ministry of Finance (Bundesministerium für Finanzen). As an EU member state, Austria follows the EU VAT Directive with standard, reduced, and intermediate rates. VAT (Umsatzsteuer, USt) applies to most goods and services. Businesses are identified by their UID-Nummer (VAT identification number) in the format ATU followed by 8 digits. Austria supports credit notes for invoice corrections.

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Base Details

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Tax Categories

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VAT Rates

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Correction Definitions

Auto-generation of corrective invoices or credit and debit notes is supported.

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Invoice Types

The types of invoices that can be created with a preceding definition:

• credit-note

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Scenarios

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bill/invoice

#reverse-charge

Filters:

• Tags: reverse-charge

Output:

• Note: Reverse charge: Customer to account for VAT to the relevant tax authority. (reverse-charge)

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Validation Rules