A reduction in the rate of value-added tax on long distance rail journeys (those in excess of 50km) from 19 to seven percent from January 1, 2020. Currently, only rail fares for journeys of less than 50km qualify to be taxed at the seven percent reduced VAT rate, with the remainder taxed at 19 percent.
Source tax-news
Latest Posts in "Germany"
- German Cabinet Approves Law to Prevent Double RETT on Share Deals, Raises Trade Tax Rate
- Tasks and Structure of Customs: Duties, Tax Collection, Consumer Protection, and Crime Prevention in Germany
- VAT Treatment of Persistently Loss-Making Entities Receiving Public Grants: BMF Guidance 2026
- Company Car Taxation: Employee-Paid Parking Fees Do Not Reduce Taxable Benefit Value, BFH Rules
- VAT Treatment of Persistently Loss-Making Institutions Receiving Public Grants
