We have finally completed the Austrian Income Tax Commentary (content of the research project), which amounts
to over 3.000 pages and is published in loose-leaf form.
The commentary has now become very successful and widely accepted in Austria, in science as well as in practice;
this shows we could bring science in line with practice successfully.
Since its first complete publication two years ago, many parts had to be revised which hadn`t been prepared in the
necessary extent owing to lack of time. Furthermore, the commentary had to be updated continuously because of
changes in Austrian legislation. The recent updates covered especially those chapters on valuation, income from
employment, wide parts of the income withholding tax, lump-sum taxes, the income tax rates, tax exempt income,
taxable expenses and the new tax premiums for research and employee training.
In response to the frequent changes in the Austrian tax legislation, the commentary has been published in loose-leaf
form. This enables us to keep up with future developments and to maintain the project realised with the help of the
FWF up do date.