Grant Thornton Austria – We take care of your indirect taxes so you can take care of your business

The globalization of trade flows is continually on the rise. In this context, it is crucial to consider country-specific regulations regarding value-added tax (VAT).

In theory, VAT is meant to be cost-neutral for entrepreneurs. However, VAT is increasingly coming under the scrutiny of both domestic and foreign tax authorities. A wide range of divergent decisions from national and international courts, evolving requirements for documentation and reporting, their intricacy and complexity, growing international aspects, along with a multitude of regular legal changes and formalities, make VAT law one of the most intricate and complicated tax matters in almost every country.

As a result, companies often run the risk that turnover tax, which is actually cost-neutral, ultimately becomes a significant cost factor. In addition, Austrian criminal tax law, especially in the area of turnover tax, provides for extremely strict penalties. Our experts can help you minimise costs and ensure compliance at the same time.

Our Services

  • VAT Health Checks to review your VAT processes
  • Advice on cross-border series and triangular transactions
  • Advice on fiscal unity and holding structures
  • Accompanying optimisation of existing service relationships from a VAT perspective
  • Advice on transfer prices and IT and changes in distribution structures (supply chain management)
  • Support during tax audits and special VAT audits
  • Representation before tax authorities
  • Support with applications for input tax refunds in EU and third countries
  • Tailor-made in-house training
  • VAT registrations abroad
  • Support in the fulfilment of VAT declaration obligations at home and abroad

Do you have questions about our services or would you like to learn more about what we offer in this field? Send us an inquiry or get in touch with your designated contact person.