Thing Reference Value Regulation

Original Language Title: Änderung der Sachbezugswerteverordnung

Subscribe to a Global-Regulation Premium Membership Today!

Key Benefits:

Subscribe Now for only USD$20 per month, or Get a Day Pass for only USD$4.99.
395 Ordinance of the Federal Minister for finance, modifies the thing reference value regulation

On the basis of § 15 para 2 No. 2 of the income tax Act 1988, BGBl. No. 400/1988, I no. 118/2015, will be amended by the Federal Act Federal Law Gazette in agreement with the Federal Minister of labour, Social Affairs and consumer protection:

The regulation on the evaluation of certain remuneration in kind (thing reference value Regulation), Federal Law Gazette II No. 416/2001, as last amended by the regulation BGBl. II no 243/2015, is amended as follows:

1. in article 2, paragraph 4, the phrase "Middle price of the consumption place" is replaced by the phrase "Final price of the delivery place".

2. § 4 para 1 subpara 2 lit. a is as follows:

"(a) for calendar years 2016 130 grams per kilometer is crucial as the CO2 emission value. This value decreases starting from the calendar year 2017 until the year 2020 to 3 grams per year. From the year 2021, the CO2 emission value of the year 2020 by 118 grams is instrumental. For the determination of the case cover is crucial. the CO2-emission limit in the calendar year of acquisition of the motor vehicle or its initial registration (para. 4)"