Austria MOF Posts Guidance on Tax Issues Due to War

The Austrian Federal Ministry of Finance May 6 posted online Guidance No. 2022-0.335.782, on tax issues related to Ukrainian refugees due to the ongoing Russia-Ukraine conflict. Topics covered include: 1) requirements for the tax deductibility of donations; 2) a list of approved donation beneficiary institutions; 3) a 10 percent deduction cap on donations for eligible individuals and companies; 4) a clarification on promotional donations for disaster relief; 5) a clarification on the VAT for donations in-kind by companies; 6) requirements for sales tax relief for aid supplies; 7) the tax treatment of accommodations rented to refugees; 8) a clarification on ...