The following selected aspects of taxation in Austria are not intended to be an exhaustive account of the tax considerations relevant to the acquisition, ownership and disposal of shares. The following summary is based on the tax legislation in force in Austria in September 2006, and is subject to any changes in Austrian law occurring after that date, including changes which may have a retroactive effect. The income and corporate tax consequences of the disposal of shares and the inheritance and gift tax consequences of the transfer of shares by inheritance or by way of gift are described.
Taxes for private investors
Taxes for foundations
Taxes for legal entities
Fees
No investment income tax
Since CA Immo does not pay a dividend to its shareholders, but reinvests all income, no investment income tax has to be paid.
No income tax
No income tax has to be paid for share price gains if the shares were held in a private portfolio for at least 12 months (speculation period) AND if the shareholding of an investor has been less than 1% of the share capital over the last five years. If the shares are kept for a shorter period or if the shareholding exceeds the above-mentioned limit, the difference between purchase price and selling price has to be stated in the income tax declaration and is subject to the relevant taxation.
No inheritance tax
In the case of death of the shareholder, CA Immo shares are exempt from inheritance tax if the shareholding was below 1% of the share capital. If the shareholding of the deceased shareholder exceeds 1%, inheritance tax falls due as soon as the relevant tax allowance in the respective tax bracket has been exceeded.
Notice for non-resident investors:
Investors who do not permanently live in Austria usually have non-resident status, which is of relevance if the CA Immo share was acquired through an Austrian bank and is kept in an Austrian securities account. The tax treatment of share price gains depends on the investor’s country of residence. If the CA Immo share was acquired through a foreign bank, the relevant tax regulations of the investor’s country of residence apply as well in respect of share price gains.
For more information, please contact your tax adviser.
To top
No investment income tax
Since CA Immo does not pay a dividend to its shareholders, but reinvests all income, no investment income tax has to be paid.
No corporation tax (Austrian KÖSt):
If domestic or foreign shares are sold within a year of purchase, tax must be paid, as a speculative gain on the corporation tax return, on the profit accruing from their disposal, at a corporation tax rate of 25%. Profits made on sales after a year are tax-free insofar as the extent of holdings in the limited company was less than 1%. If shares are sold after the one-year period and the percentage holding was at least 1% or more, the profit made on the sale is subject to interim tax at a rate of 12.5%.
To top
No investment income tax
Since CA Immo does not pay a dividend to its shareholders, but reinvests all income, no investment income tax has to be paid.
No corporation tax
Share price gains are exempt from corporation tax if the shares were held in the foundation’s funds for at least 12 months (speculation period) AND if the foundation has held less than 1% of the share capital over the past five years. If the shares were kept for a shorter period than 12 months or if the shareholding exceeds the 1% limit, the difference between purchase price and selling price will be subject to 12.5% corporation tax.
To top
Depending on the bank appointed, the following non-recurring fees are payable as a percentage of the market value when you buy CA Immo shares:
Bank Austria | 0.70% *) |
Other Banks | 1.10% |
*) minimum of € 22 | |
To top
Free Info-Hotline
Newsletter
Order service
Mobile Services
RSS-Feed
Print page