Amendment of the Artist/Athlete Exemption: Increase in Withholding Tax Thresholds

A recent change made by the financial administration Artist-athlete release (BMF of 10.03.2011, GZ 010221/0678-IV/4/2011) brings a Administrative simplification in connection with the obligation to withhold a withholding tax when participating in (in Austria only) limited taxpayer) foreign persons attending domestic cultural or sporting events. However, the organizer continues to be required to withhold 20% from the gross fee or, in certain cases, 35% from the net fee and remit it to the tax authorities; however, the Limits for exceptional arrangements raised. The withholding of the withholding tax can therefore be waived if the fee paid in addition to the cost rates amounts to €1,000 (previously €400 per event, or a maximum of €1,000 per year from the same organizer). Another improvement can be seen in the fact that the Simplification rule henceforth Also for those previously excluded Musicians and music groups, which is in Dance events (Balls, tent poles, etc.) can be used.

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