Media Backgrounder

28/12/2009 - The government can accelerate the recovery of small and medium-sized businesses

The federal government plans to ease the tax burden on businesses and individuals by approximately 8.4 billion Euros next year. The legislative procedure for the so-called “Economic Growth Acceleration Act“ is in full swing so that it can come into effect on 1 January 2010. The government draft will be dealt with at the second reading of the federal parliament on 4 December and then conclusively in the upper house on 18 December.

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