The Austrian Ministry of Finance has published the draft Tax Amendment Act 2026, which contains amendments to various Acts. Among other things, the Tax Amendment Act 2026 amends the Minimum Taxation Act to implement the OECD Side-by-Side package, including the:
- Simplified Effective Tax Rate (ETR) Safe Harbour;
- Side-by-Side (SbS) Safe Harbour;
- Ultimate Parent Entity (UPE) Safe Harbour;
- Substance-based Tax Incentive Safe Harbour; and
- Extension of the temporary Country-by-Country Reporting (Cb…