Capital Income & Investment Taxation – Austria

Capital gains from selling stocks, bonds, funds. Dividends taxed at 27.5%. Interest from savings accounts, bonds also 27.5%. No holding period exemption.

All crypto income: mining, staking, lending, and capital gains from sales/conversions. Applies to stablecoins and publicly offered cryptocurrencies. Losses can offset gains.

Capital losses offset capital gains in same tax year. Losses cannot be carried forward to future years. Maintain records of all transactions.

Austrian banks and brokers automatically withhold 27.5% capital gains tax. Foreign accounts require self-declaration in tax return.

Properties bought before April 1, 2002 taxed at 3.5% of sale price. If reclassified as buildable land: 15%. Favorable grandfathered rates.

Capital gains taxed at 25% of profit (sale price minus purchase price and improvements). No holding period exemption for properties acquired after April 1, 2012.

Paid when buying property. 3.5% of purchase price. One-time tax, not annual. Paid by buyer.

Rental income taxed as regular income at progressive rates 0-55%. Can deduct expenses: maintenance, interest, depreciation, management fees.

Austria abolished inheritance and gift tax in 2008. No tax on receiving inheritances or gifts regardless of amount. Heirs receive assets tax-free.

No annual wealth tax on net worth. No requirement to report total assets unless specific anti-avoidance rules apply. Austria focuses on income taxation.

Must report foreign bank accounts, securities, real estate for tax compliance. Not for wealth tax (doesn't exist) but for income tax purposes and anti-money laundering.