Austria employs a progressive income tax system that adjusts rates according to income levels. Here’s a summary of the personal income tax rates effective from January 1, 2024:
Progressive Tax Rates
Up to EUR 12,465: 0%
EUR 12,465 to EUR 20,397: 20%
EUR 20,397 to EUR 34,192: 30%
EUR 34,192 to EUR 66,178: 40%
EUR 66,178 to EUR 99,266: 48%
EUR 99,266 to EUR 1,000,000: 50%
Over EUR 1,000,000: 55%
Special Tax Regime
Austrian law also applies a special tax regime for special payments (non-recurring), which are taxed differently if they do not exceed one-sixth of the regular payment.
For more detailed information on personal income tax regulations and rates, please refer to the official legal text on the Austrian Legal Information System.