Under the Tax Amendment Act 2015 (Abgabenänderungsgesetz 2015), profound changes have been made to so-called “exit taxation” with regard to both operating activities (sec 6 no 6 Austrian Income Tax Act [ITA]) as well as non-operating activities (sec 27 para 6 ITA). In general, there will no longer be the possibility to defer exit taxation in case of an “exit” and relocation to another EU/EEA member state until the actual sale takes place (so-called “non-imposition concept”); in such cases non-imposition has been replaced by an installment payment concept. For non-operating activities, however, the non-imposition concept will remain valid, especially in case of an actual exit of a natural person relocating to another EU/EEA member state. Michael Schilcher describes the cornerstones of the new regulations.