In late July, the German federal government published a draft bill on additional tax incentives for electromobility and amendments to other tax provisions. It is basically the omnibus law to be adopted every year (previously referred to simply as the "Annual Tax Act"), which is intended to implement the legally and technically required and deemed necessary changes in tax law. Once again those changes will also include extensive amendments to the German Investment Tax Act. We have addressed the most important changes that may be of interest to you.