Summary of the main consequences: relating to the VAT rate reduction from the 1st July 2020

Due to the Corona Crises and the subsequent economic impacts, the German Government passed a temporary VAT rate reduction effective from July 2020 to December 2020. In this English version of our newsletter you will find the main consequences of the VAT rate reduction in Germany.

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Newsletter VAT rates – details

Katrin Schramm
Tax Advisor