Update - German Fourth Corona Tax Aid Act Published in the Official Gazette
Germany published the Fourth law for the implementation of tax aid measures to cope with the COVID-19 crisis (the so-called "Fourth Corona Tax Aid Act") in the Official Gazette on 22 June 2022. As previously reported, some of the key measures include:
- The extension of the accelerated depreciation for movable business assets provided for 2020 and 2021, so that it is also available for assets p…