Pakistan: Cabinet approves the DTA Protocol with Austria

Austria's Federal Council (Bundesrat) approved the Budget Measure Act 2026 on 25 June 2026, adopting a package of amendments to various tax laws aimed at promoting tax fairness, combating tax fraud, reducing the tax burden on workers and simplifying

The new income and capital tax treaty between Argentina and Austria, signed on 6 December 2019, went into effect on 12 June 2026, replacing the 1979 agreement that terminated on 1 January 2009. The treaty governs taxation of corporate profits,

Austria’s government has submitted the Draft Budget Accompanying Act 2027–2028 to Parliament, introducing a range of tax measures under the dual budget framework for 2027 and 2028. The proposals aim to strengthen fiscal consolidation efforts,

Austria has published a law in the Federal Law Gazette (BGBl. I No. 37/2026) on 10 June 2026 introducing reduced Value Added Tax (VAT) rate for a range of essential food products under amendments to the Value Added Tax Act 1994 (UStG 1994). The

Austria's Federal Ministry of Finance has updated the list of jurisdictions participating in the automatic exchange of information (AEOI) for Global Anti-Base Erosion (GloBE) Information Returns (GIRs), providing further guidance on reporting

Pakistan's government presented its Federal Budget for FY2026-27 on 12 June 2026, targeting PKR 20.6 trillion in revenue through higher tax collections, tax administration reforms and broader economic documentation as it seeks to maintain