Australian Tax Treaties

Austrian Agreement  

AGREEMENT BETWEEN AUSTRALIA AND THE REPUBLIC OF AUSTRIA FOR THE AVOIDANCE OF DOUBLE TAXATION AND THE PREVENTION OF FISCAL EVASION WITH RESPECT TO TAXES ON INCOME  

CHAPTER I - SCOPE OF THE AGREEMENT  

ARTICLE 2   Taxes Covered  

(1)    
The existing taxes to which this Agreement shall apply are:

(a) in the case of Australia:
the income tax imposed under the federal law of the Commonwealth of Australia, including the additional tax upon the undistributed amount of the distributable income of a private company and the tax known as the resource rent tax;

(b) in the case of Austria:

(i) the income tax ( die Einkommensteuer );

(ii) the corporation tax ( die K ö rperschaftsteuer );

(iii) the tax on interest yields ( die Zinsertragsteuer );

(iv) the directors tax ( die Aufsichtsratsabgabe ); and

(v) the tax on commercial and industrial enterprises, including the tax levied on the sum of wages ( die Gewerbesteuer einschliesslich der Lohnsummensteuer ).

(2)    
This Agreement shall also apply to any identical or substantially similar taxes which are imposed under the federal law of the Commonwealth of Australia or the law of the Republic of Austria after the date of signature of this Agreement in addition to, or in place of, the existing taxes. As soon as possible after the end of each calendar year, the competent authority of each Contracting State shall notify the competent authority of the other Contracting State of any substantial changes which have been made in the laws of his State relating to the taxes to which this Agreement applies.