The digital tax generated around 103 million euros for the state in 2023. That is about seven million euros or 7.4 percent more than in 2022. The tax, which was only introduced in 2020, is aimed at advertising on the internet (for example banner or search engine advertisements), where the advertising tax has no influence. has finished.
It serves as an interim solution until global tax rules for the digital economy are set at OECD and EU level, the Finance Ministry announced on Sunday.
Tax is levied from a turnover of 25 million euros
The digital tax affects companies that generate at least 25 million euros in turnover from online advertising services in Austria and have a worldwide turnover of at least 750 million euros. The tax rate is five percent of the tax base. This corresponds to the compensation that an online advertising provider receives from its client, the ministry writes.
The tax aims to ensure fairer taxation of the digital economy in Austria. But such a tax should also be enforced internationally. “We remain committed to achieving fair taxation of the digital economy at an international level,” said Finance Minister Magnus Brunner (ÖVP) in a press release.
Source: Krone
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