Austria's Federal Council (upper house of parliament - Bundesrat) approved the COVID-19 Tax Measures Act on 17 December 2020, which provides extended support measures in response to COVID-19. The COVID-19 measures include: An extension of the reduced 5% VAT rate in the areas of hospitality, the hotel industry, and the cultural sector until 31 December 2021, including for all food and drink in the hospitality sector; An extension of existing tax payment deferrals with no interest charges on tax arrears until 31 March 2021, including in relation to retrospective claims for the 2019 tax assessment; An extension of beneficial tax...