Austria has opened public consultation on a comprehensive tax reform package designed to improve tax fairness, combat fraud, reduce worker tax burdens, and simplify administrative procedures.

The draft legislation proposes changes across multiple tax areas including income tax, VAT, financial crime regulations, fees, and account registry requirements. Key measures include expanded definitions for asset disposal, new reporting obligations, increased tax-free allowances, and introduction of a tax-free employee bonus scheme.

The reform package strengthens anti-fraud enforcement powers for tax authorities, introduces new fee structures for residence permits, and enhances oversight mechanisms for account registries. These changes represent Austria's continued effort to modernise its tax system and align with broader EU compliance requirements.

The public consultation period remains open until 8 May 2026, allowing stakeholders to provide feedback on the proposed reforms before final implementation.