Austria’s income tax rate
|1||Up to €11,000||0%|
|2||€11,000 – €18,000||25%|
|3||€18,000 – €31,000||35%|
|4||€31,000 – €60,000||42%|
Is there any tax on Cryptocurrency?
The income arising out of bitcoins trading activity would give rise to income from business and accordingly, the profits arising out of such business would be subject to tax as per the individual slab rates.
Is Cryptocurrency legal in Austria?
In Austria, no cryptocurrencies or fintech-specific laws or regulations have currently been enacted.