The Council of Ministers on 25 October 2022 passed draft legislation that would extend an excise tax (duty) exemption for passenger vehicles utilizing an external source of electricity, with engine cubic capacity not exceeding 2000 cm³ (commonly referred to as plug-in electric vehicles) until 31 December 2029. The legislation would also provide technical changes.
Source KPMG
Latest Posts in "Germany"
- Germany Passes 2025 Tax Amendment Act: VAT Cuts for Restaurants, Individual Relief, Nonprofit Updates
- Many Companies Still Uncertain About E-Invoice Validation Despite New Legal Requirements
- Germany and France Synchronize E-Invoicing Standards Ahead of EU ViDA Mandates
- Corrected or Late Invoices? BFH Confirms VAT Recovery Still Possible
- Avoiding VAT by Withdrawing Assets Before Sale: New Legal Clarifications
