Podcast
Questions and Answers
Which type of tax is levied directly from the person that will ultimately bear the economic burden resulting from the tax?
Which type of tax is levied directly from the person that will ultimately bear the economic burden resulting from the tax?
- Indirect tax
- Payroll tax
- Value added tax
- Direct tax (correct)
What is the minimum corporate income tax that must be paid by GmbHs in Austria?
What is the minimum corporate income tax that must be paid by GmbHs in Austria?
- Minimum tax of EUR 11,000
- No minimum corporate income tax
- 25% corporate income tax
- Small profits tax (correct)
Who is subject to unlimited liability for personal income tax in Austria?
Who is subject to unlimited liability for personal income tax in Austria?
- Sole proprietors (correct)
- Corporations
- Foreign residents
- Partnerships
What is the tax rate for the first EUR 11,000 of annual income in Austria?
What is the tax rate for the first EUR 11,000 of annual income in Austria?
Which trademark infringement rationale is based on the idea that no one should exploit or impair the reputation associated with a well-known trademark?
Which trademark infringement rationale is based on the idea that no one should exploit or impair the reputation associated with a well-known trademark?
Which company form requires a minimum share capital of at least EUR 35,000?
Which company form requires a minimum share capital of at least EUR 35,000?
Which company form has the option of establishing one-person companies electronically via the USP portal?
Which company form has the option of establishing one-person companies electronically via the USP portal?
Which company form has the mandatory bodies of Management Board, Supervisory Board, and General Meeting?
Which company form has the mandatory bodies of Management Board, Supervisory Board, and General Meeting?
Which company form has a minimum share capital of at least EUR 70,000?
Which company form has a minimum share capital of at least EUR 70,000?
Which company form allows for the option of a European or foreign company form?
Which company form allows for the option of a European or foreign company form?
According to the text, what is the purpose of a trade name?
According to the text, what is the purpose of a trade name?
What is a trade name based on the name of an individual subject to unlimited liability called?
What is a trade name based on the name of an individual subject to unlimited liability called?
What is the duration of a national trademark according to the Trademark Protection Act?
What is the duration of a national trademark according to the Trademark Protection Act?
What is the main function of a trademark?
What is the main function of a trademark?
What is the difference between a trade name and a trademark?
What is the difference between a trade name and a trademark?
Which type of company has partners who are fully liable with their business as well as their private assets and without limitation?
Which type of company has partners who are fully liable with their business as well as their private assets and without limitation?
Which type of company has partners who are personally and jointly liable for the company's debts, including with their private assets, without any limitation?
Which type of company has partners who are personally and jointly liable for the company's debts, including with their private assets, without any limitation?
Which type of company has partners who have limited liability, with at least one partner having unlimited liability?
Which type of company has partners who have limited liability, with at least one partner having unlimited liability?
Which type of company has shareholders who have no direct or personal liability?
Which type of company has shareholders who have no direct or personal liability?
Which type of company can be established by only one person?
Which type of company can be established by only one person?
Which of the following statements about sole proprietorship in Austria is correct?
Which of the following statements about sole proprietorship in Austria is correct?
What triggers the formal accounting duties for sole proprietors in Austria?
What triggers the formal accounting duties for sole proprietors in Austria?
Which of the following is a characteristic of business partnerships in Austria?
Which of the following is a characteristic of business partnerships in Austria?
What is the difference between sole proprietorship and business partnerships in Austria?
What is the difference between sole proprietorship and business partnerships in Austria?
What is the liability of a sole proprietor in Austria?
What is the liability of a sole proprietor in Austria?
Which of the following is a motivation for online companies to have their establishment in a place with low taxes and make profits elsewhere?
Which of the following is a motivation for online companies to have their establishment in a place with low taxes and make profits elsewhere?
Under the Digital Tax Act 2020 in Austria, what is the tax rate applied to online advertising services?
Under the Digital Tax Act 2020 in Austria, what is the tax rate applied to online advertising services?
What is the global minimum corporate tax rate (GMCTR) agreed upon by leaders of 136 countries worldwide?
What is the global minimum corporate tax rate (GMCTR) agreed upon by leaders of 136 countries worldwide?
Which of the following is NOT a requirement for online advertising services to be subject to digital tax in Austria?
Which of the following is NOT a requirement for online advertising services to be subject to digital tax in Austria?
What percentage of the largest multinational companies' profit that is in excess of 10% of revenue can be taxed by countries where the revenues are earned?
What percentage of the largest multinational companies' profit that is in excess of 10% of revenue can be taxed by countries where the revenues are earned?
