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
Latest Posts in "Germany"
- Germany Updates E-Invoicing FAQs: Key Clarifications on Scope, Exemptions, and Transition Periods
- BFH Limits Personal VAT Liability of Insolvent Debtors to Insolvency Estate, Not Private Assets
- How to Ensure Your Christmas Packages Clear Customs Quickly and Safely
- VAT Exemption for Private Hospitals Without SGB V Approval: BFH Ruling of July 8, 2025
- ECJ C-565/24 (P-GmbH & Co. KG) – AG Opinion – TOMS does not apply to excursions combined with goods
