Austria MOF Clarifies Business Expense Deductions

The Austrian Federal Ministry of Finance Sept. 30 posted online Federal Finance Court Decision No. RV/7103263/2024, clarifying business expense deductions. The taxpayer, an individual, earned income from various activities, including as a civil engineer. The taxpayer claimed deductions for various business expenses regarding travel, his home office, and the salary paid to his wife, who assisted him in secretarial activities. Upon the Tax Office’s denial of specific deductions, the taxpayer argued that all the expenses were genuine and should be deductible. On appeal, the Federal Finance Court found that: 1) the taxpayer’s logbook was poorly maintained, with inconsistencies in mileage ...