Effective January 1, 2021, Austria is ending its temporary VAT rate reduction on journals and magazines. The VAT rate on restaurant food, publications, and several other industries was reduced to 5% for the period from July 1, 2020 to December 31, 2020. Recently, Austria has approved legislation to extend that VAT rate reduction until January 1, 2022. However, periodical publications such as journals and magazines under heading 4902 of the combined nomenclature are excluded from the extended VAT rate reduction. As a result, they will revert to the reduced rate of 10% on January 1, 2021. The recently approved legislation is available here.