Austria's Ministry of Finance has announced its "Relief Austria" tax reform plans, which includes tax relief for companies to promote growth and investment. One of the core measures of the plan is a reduction in the corporate tax rate from 25% to 23% in 2022 and to 21% in 2023. Other planned measures include: An increase in the basic tax-free allowance for individual entrepreneurs and partnerships from EUR 30,000 to EUR 100,000 in 2022; An increase in the limit for the immediate deduction of low-value assets from EUR 400 to EUR 800 in 2020 and to EUR 1,000 in 2021;...