On 19 May 2022, the German Bundestag (lower house of parliament) approved the Fourth draft law for the implementation of tax aid measures to cope with the COVID-19 crisis (the so-called "Fourth Corona Tax Aid Act"). As previously reported, this includes measures to extend the accelerated depreciation (declining-balance method) for movable business assets purchased or manufactured in 2022, the extension of the increased loss carryback relief to the end of 2023, and tax return deadline extensio…