• 02/11/2022

    Statement on the Fourth Corona Tax Relief Act

    With the draft of the 4th Corona Tax Relief Act, the Federal Ministry of Finance has presented proposals for dealing with the consequences of Corona. Large family businesses from retail and hospitality want to pay their employees a Corona bonus due to pandemic-related burdens. They are calling for higher limits for tax exemption.

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Regarding Article 1: Amendment of the Income Tax Act (§ 3 No. 11b; including Amendment No. 11a)

Regarding Article 3 No. 2: Declining Balance Depreciation (Degressive AfA)

Regarding Article 3 No. 3 in conjunction with Article 4 No. 1 and No. 2: Loss Carryback (and also Loss Carryforward)

Further Necessary Adjustments

Final Considerations