Longer investment period planned for the investment deduction amount

The investment period for investment deductions from 2017 and 2018 is expected to be extended until the end of 2022.

Investment deductions must actually be used for investments within three years. For amounts deducted in 2017, the deadline would have expired at the end of 2020, but was extended by one year due to the Corona crisis. As the crisis continues, the Corporate Income Tax Modernization Act now extends the investment deadline again. Despite calls to extend the deadline also for deductions claimed in 2019, the extension, at least for now, is only for deductions from 2017 and 2018, for which the investment deadline is extended to five and four years, respectively. As a result, the investment period for deductions from 2017 to 2019 will now expire at the end of 2022.