Austrian tax liability

Member since 16 January 2019

xaviermarkMember16 January 2019 03:04:19

I'm a dual Australian / German citizen and an Australian resident for tax purposes. I'm thinking of taking a job in Austria where, as a resident, I would be "subject to unlimited tax liability with their worldwide income". Austria and Australia have a treaty for the avoidance of double taxation. Does anybody know how that works? In particular:

Would Austria seek to tax my pension income which is tax-free in Australia?

If I died in Austria, would Austria impose inheritance taxes on my estate in Australia passing to my children in Australia? There a no inheritance taxes in Australia.

SimCityAT Expert

Member since 08 April 2014

SimCityATExpert16 January 2019 05:56:44

11785

Welcome to the Forum

I would seek advice from an accountantant. I can tell you this though.

Austria abolished inheritance tax on 1st August 2008. There is currently no inheritance tax in Austria, but a transfer tax of 3.5% (2% for close relatives) is levied on the transfer of the property to the successor.