Umsatzsteuergesetz, Änderung

This is a government bill (Regierungsvorlage) in Austria's National Council that proposes changes to the Umsatzsteuergesetz, the Austrian law governing value added tax (VAT). VAT is a consumption tax charged on most goods and services, and amendments to it typically alter rates, exemptions, filing duties or how the tax applies to specific transactions. Businesses that charge or pay VAT in Austria, including traders, service providers and importers, would be the main groups affected, as would consumers indirectly through prices. The exact changes cannot be determined from the title alone and would need to be checked in the full bill text.