Austrian Parliament Considering Tax Amendment Act 2025 Including Income Tax Adjustments and Updates to Pillar 2 Rules

The Austrian Parliament is considering the draft Tax Amendment Act 2025 (AbgÄG 2025), which is open for public comment until 3 November 2025. Important measures mainly concern individual income tax and the Pillar 2 global minimum tax:
- An increase in the individual income tax brackets:
- up to EUR 13,359 - 0%
- EUR 13,359 to 21,992 - 20%
- EUR 21,992 to 36,458 - 30%
- EUR 36,458 to 70,365 - 40%
- EUR 70…