German VAT rate decrease approved by Bundesrat

Temporary VAT reduction

In order to boost consumption and thus the domestic economy as quickly as possible, VAT will be reduced for six months from July 1, 2020: from 19 to 16 percent and from 7 to 5 percent. The reduced rates apply until December 31, 2020.

Source

• Bundesrat (in German)
• Datev

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