The Austrian Federal Government announced on 16 June 2020 a stimulus package to further support the economy in response to the COVID-19 pandemic. On 22 June, the Austrian Federal Ministry of Finance published the draft bill of the Economic Strengthening Act 2020 (Konjunkturstärkungsgesetz 2020) to implement most of the proposed changes. In addition, the draft bill of the new Investment Premium Act (Investitionsprämiengesetz) was published on 23 June. The following legal changes are proposed:Introduction of a new degressive depreciation of up to 30%, applicable to acquisitions from 1 July 2020. The proposed depreciation of up to 30% applies to acquisition...