Germany published the Fourth law for the implementation of tax aid measures to cope with the COVID-19 crisis (the so-called "Fourth Corona Tax Aid Act") in the Official Gazette on 22 June 2022. As previously reported, some of the key measures include:
- The extension of the accelerated depreciation for movable business assets provided for 2020 and 2021, so that it is also available for assets purchased or manufactured in 2022, which includes the application of a declining-balance method with …