VATupdate
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Temporary VAT reduction in Germany – SAP Business ByDesign

As part of the stimulus package in connection with the corona pandemic, the value-added tax for the standard tax rate in Germany is to be reduced from 19% to 16% and the reduced tax rate from 7% to 5% in Germany from July 1st to December 31st 2020.

The changed tax rates must be entered in SAP Business ByDesign together with the corresponding validity period in the configuration.

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