Austria's Ministry of Finance has announced the initiation of the parliamentary process to enact the required law changes for the legislative winter package, which includes extended support measures in response to COVID-19. The changes are provided for in the draft COVID-19 Tax Measures Act. In addition to the measures highlighted in the announcement below, the legislation also includes measures to implement the interest deduction restriction measures of the EU Anti-Tax Avoidance Directive (ATAD). Although Austria previously considered its interest limitation rules to be equally effective to the ATAD rules, the European Commission did not, and requested that Austria implement the...