Austria MOF Clarifies Denial of VAT Exemption on Export Deliveries Involving Under-Invoiced Export Documents

The Austrian Federal Ministry of Finance March 27 posted online Federal Finance Court Decision No. RV/1100322/2021, clarifying the denial of a VAT exemption on export deliveries involving under-invoiced export documents. The taxpayer, a resident business owner who produced and exported goods to the U.S., issued export invoices showing values lower than those recorded in the accounting records for VAT year 2018, at the customer’s request. The taxpayer sought a VAT exemption for the export deliveries, asserting that no domestic sales occurred and that VAT shouldn’t be applied to the full value. The Tax Office granted the export exemption only for ...