Taxnews-Archive 2012

A recent tax treaty between Austria and Swizzerland offers the opportunity by making a one-off payment to remain excempt from being convicted for tax evasion in the past without leaving anonymity and thereby legalizing the funds in Swizzerland.

The responsible committee of the Chamber of Public Accountants and Tax Advisors has launched a new statement on the preparation of financial statements.

New rules apply for the entry in the land register: After the Superior Administrative Court ("Verfassungsgerichtshof") had ruled that the Act on Court Filing Fees ("Gerichtsgebührengesetzes") cannot apply the tax base of the Real Estate Transfer to calculate the filig fees for entry in the land register beyond the end of 2012 anymore the new law requires the fair market value to be applied for means of calculating the filig fees for entry in the land register. This inlcudes gifts and inheritances from Jan. 1st, 2013 on. Several exceptions apply.

Accounting for pensions and other post employment benefits 2012: rate used to discount employee benefits might have to go down with a potential impact on your profit 2012