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Austria to cut corporate tax to 21 pct as part of fiscal overhaul

VIENNA, April 30 (Reuters) - Austria's right-wing government plans to cut taxes by more than previously announced, the Finance Ministry said on Tuesday, outlining a package of measures that included trimming the corporate tax rate to 21 percent from 25 percent by 2023.

The total annual tax reduction would be 6.5 billion euros ($7.3 billion) by 2022, the next election year, relative to this year - roughly 2 billion euros more than previously announced. Most of those reductions will be in the form of income tax cuts. ($1 = 0.8941 euros) (Reporting by Francois Murphy; Editing by Alison Williams)