Wolf Theiss was ahead of the curve, becoming one of the first law firms in Austria to provide advice on national and international tax law. From a quick glance at our clients, it's easy to see why we're still setting standards for tax advice in Austria and CEE/SEE. We do not shy from large and complex cases – if your business has a cross-border element, our regional breadth and understanding of tax matters throughout the region is what you need.
You also benefit from the fact that our partners have dual qualifications as certified public tax advisors and attorneys-at-law. They not only have years of experience but also regularly hold lectures and publish on recent developments in this continuously changing field. This combination of practical experience, academic research and continuous training guarantees that you and your organisation receive advice that doesn't just follow trends but anticipates them, so you can plan accordingly.
Areas of Specialisation
M&A transactions and reorganisations can sometimes seem like a maze. When you're standing at the crossroads of different tax structures, how do you know which way to go? We routinely advise investment banks and corporations on large transactions by assessing the tax ramifications of potential tax structures with an eye to producing tax savings for you. We will work to find you and your business savings anywhere we can, such as structures aimed at minimising taxable gains upon disposals, achieving the tax deductibility of acquisition-related interest expenses, potentially utilising goodwill amortisation under group taxation regimes and avoiding stamp duties.
We advise you on how to effectively handle and react to tax challenges at any stage in the process, from negotiations in tax audits to the finalisation of assessments. We work to help you avoid time-consuming disputes and to minimise back payments and penalties. We will defend your interests as far as we can, even up to having the respective Constitutional Court or the Administrative Court repeal or at least mitigate decisions from lower authorities.
A criminal proceeding is no place for you to skimp on your defence. We draw on the strength of our tax and dispute resolution experts to get you practical, helpful advice in your time of need. We have extensive experience in filing self-disclosures for individuals and business enterprises, in particular in Switzerland and Liechtenstein. We can also defend you from allegations of balance sheet fraud.
High net worth individuals and corporations turn to us for cross-border tax planning. We implement structures aimed at lowering your overall tax burden; not by making use of off-shore locations but through various other vehicles, including Austrian private foundations (which offer substantial tax planning opportunities). And, with us, you don't need to fear too much of a good thing: we are always mindful of the restrictions imposed by abuse of law doctrines or developments from the OECD, and try to find creative ways to overcome obstacles.
Individuals come with individualised tax needs. Let us help you plan your succession matters as well as any cross-border relocation of residence issues that might come up – we specialise in German clients who for reasons of German inheritance tax decide to move to Austria. We can also help you with optimising tax implications associated with wealth structuring, realisation of potential tax savings through pension contributions and advice on tax aspects related to the creation and operation of foundations and trusts.
Are you looking at purchasing, holding or selling an investment? We advise individual and institutional investors on all aspects of tax for financial matters. Are you considering a creative solution, perhaps a new financial product? We can help you exploit opportunities in statutory law and counsel you on tax and other legal questions.
Impressive regional presence capable of assisting international and domestic clients with the structuring of cross-border operations, tax efficiency, planning, VAT and tax indemnity insurance. Tax law disputes are an additional area of experience. […] Augmented by the strength of the firm's corporate and banking and finance teams.