Publicly held companies whose shares are traded on a stock exchange are generally entitled to treaty benefits in accordance with the limitation on benefits clause in the Austrian tax treaty with the United States. Similarly, such companies are subject to particular exemptions under the Common Reporting Standard (CRS) and the Foreign Account Tax Compliance Act (FATCA). Norbert Bramerdorfer and Samir Kovacevic analyze both the conformity and the differences in the requirements to qualify as a publicly held company under these different legislative sources.
