On Feb 28th the council of ministers agreed on an excessive-investment premium for large companies. This measure substitutes the early depreciation allowance as presented in the governmental work plan a month ago. The subsidy is comparable to the already agreed excessive investment premium for SME and is limited to the period 1.3.2017 to 31.12.2017.
The council of ministers agreed on the cornerstones for the employment bonus which were presented in the governmental work plan a month ago. As a subsidy, enterprises should be able to claim 50% of payroll taxes for each additional employee (full-time-equivalent) from July 1st 2017 for a maximum period of 3 years. The bonus can be claimed for full-time and part-time jobs.
After intensive negotiations the federal government has concluded a work plan for the next 18 months. This plan focuses on employment and security/integration. We would like to provide you with an overview of major tax and legal highlights.