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Emergency Measures for VAT taken in Germany due to the Coronavirus

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Emergency Measures for VAT taken in Germany due to the Coronavirus

The restrictions being put in place due to the coronavirus are increasing, both in Germany and abroad. It is foreseeable that very many companies will experience severe economic difficulties as a result. The German tax authorities are attempting to mitigate the consequences through various measures, in particular by helping companies to obtain liquidity. This newsletter is intended to provide a brief, up-to-date overview of which measures concerning VAT have been announced and initiated.

Source: kmlz.de

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