Austria MOF Clarifies Taxation of Various Pension Income

The Austrian Federal Ministry of Finance Feb. 17 posted Federal Finance Court Decision No. RV/1100362/2022, clarifying the taxation of various pension income. The taxpayer, an Austrian resident, received domestic pension income and accident-related pensions from Liechtenstein and Switzerland following a 1987 workplace accident, which resulted in an Austrian-certified 70 percent disability requiring special transport authorization. The Tax Office treated the Liechtenstein accident insurance pension as fully taxable, and the taxpayer appealed. On appeal, the Federal Finance Court reversed the Tax Office’s decision, finding that: 1) the taxpayer was subject to unlimited tax liability in Austria; 2) the Liechtenstein accident insurance ...