Current news


Did you know that.

• on August 1, 2008, both gift tax and inheritance tax had been abolished [in Austria]?
• the notary can carry out property acquisition tax assessments for contracts on his/her own via "Finanz-Online" [Austrian on-line tax filing system]?
• cash payments from notary escrow accounts are not permissible?
• every year thousands of invalid wills are resulting in a shift of assets which the deceased person never wanted?
• that illegitimate children are treated equally to legitimate children since 1991?
• that the mandatory inheritance part for children, with whom there never was any contact, could be cut in half?
• that notaries are mandated by law to keep in mind the interests of both parties to the contract?
• that purchase contracts between spouses have to be recorded in a notarial act?