Austria Cabinet Announces Food and Beverage Tax Relief Measures Due to Coronavirus

The Austrian Federal Chancellery May 11 announced tax relief measures for the food and beverage industry due to the coronavirus pandemic. The measures include: 1) a sales tax reduction to 10 percent from 20 percent on non-alcoholic beverages; 2) an upper limit increase for flat-rate businesses to 400,000 euros (US$432,738) from 255,000 euros (US$275,870); 3) an increase in the basic flat rate to 15 percent from 10 percent and in the minimum flat rate to 6,000 euros (US$6,491) from 3,000 euros (US$3,245); 4) an increased mobility rate to 6 percent from 2 percent; 5) an increase in the meal voucher ...