Are there concrete plans to deduct tax at source in Austria? If so, is there a time horizon for this?

We opened an office in Vienna last year and will continue to expand our range of services, especially in Austria, one of our core markets since 2016. The automatic payment of tax is an important component of this and we are working on a solution to become “steuereinfach” in the near future. 

Since 2022, we have been offering our customers a free tax report to help them with their tax returns. With the report, all capital income and interest can be easily included in the tax return. KPMG AG (Zurich, Switzerland) as our partner prepares the tax reports.