On 11 July 2018, Austria's Federal Council (upper house of parliament) adopted the text of the Annual Tax Act 2018 as approved by the National Council (lower house) on 4 July. The legislation includes a number of measures, including measures to comply with the Anti-Tax Avoidance Directive (ATAD1) and other changes. These include:

• An adjustment of the current exit tax rules to bring them in li…