- A major VAT reform is being planned in Germany, centered on the “21-10-0” formula.
- It would not change the overall system, but would significantly shift the existing tax-rate structure.
- The coalition aims to raise additional revenue while easing the burden on consumers through a zero tax rate on food.
- The reform has already been discussed in the coalition committee and could become one of the most far-reaching VAT changes in decades.
Source: datenbank.nwb.de
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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