Austria's Ministry of Finance issued a release on 26 June 2020 regarding the Economic Stimulus Act, which includes measures in response to the COVID-19 pandemic.
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Economic Stimulus Act: easing the burden, enabling investment
Finance Minister Blümel: declining-balance depreciation possible from 1 July, tax deferrals automatically extended until 15 January 2021, first tier of wage and income tax retroactively reduced to 20%.
"Coronavirus has thrown many countries off track. The €50 bill…