Important dates in 2004 at a glance

From 1 January 2004

• Increase in the general income tax deduction amount to € 1,264 per year.
• Reduction in non-wage employee benefits for older workers
• Taxation of retained earnings
• Truck toll: Ø 22 cents per km (motorway and express road)
• Increase in childcare allowance for multiple births
• Capital replacement law:
  Capital injection in the crisis
• Notification Reform Act:
  Publication of laws only on the Internet: www.ris.bka.gv.at
• Extensions until the end of 2004:
  • Investment growth premium
  • Early depreciation Replacement procurement in case of disasters
• Increase in the Research Grant II to 25%

Until January 31, 2004

• Transmission of annual salary slips 2003 (L16) in paper form
• Reporting requirement for certain fee payments in 2003 (E18) in paper form

Until February 29, 2004

• Computerized report of certain fees in 2003 as well as annual salary slips for 2003

Until March 31, 2004

• Submission of the municipal tax and service provider fee declaration

From April 1, 2004

• Capital gains
  Foreign capital gains are treated as domestic capital gains and are subject in the transitional period until March 31, 2004 to a Special tax rate of 25%. If foreign capital gains are paid out through a domestic bank, the KEST is automatically credited. from April 1, 2004 through the bank.

Until April 30, 2004

• New deadline: Filing of tax returns in paper form (first time for 2003)
• FinanzOnline
  End of the simplified procedure for registration by proxies.

May 1, 2004

• EU enlargement
  Poland, Hungary, the Czech Republic, Latvia, Slovenia, Cyprus, Malta, Slovakia, Latvia and Estonia become members of the EU.
• Reorganization of the financial administration
  Designation of FLD units and merger of customs offices

30 June 2004

• New deadline: Filing of tax returns electronically (first time for 2003)

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