Austria MOF Clarifies Input Tax Deduction From Fictitious Invoices

The Austrian Federal Ministry of Finance Aug. 26 posted online Federal Finance Court Decision No. GZ. RV/7100854/2022, clarifying the input tax deduction from fictitious invoices. The taxpayer, an operator of a small transport company, carried out transportation for a media group by delivering newspaper bags and filling self-service newspaper stands. The taxpayer, for the years 2017 to 2019, declared incoming invoices for third-party service expenses and claimed input tax deductions. Upon the taxpayer submitting the 2017 sales tax return, the Tax Office issued the 2017 sales tax assessment and charged sales tax. The Tax Office ultimately issued a corrected sales ...