Germany

Norwegian Government has introduced several emergency measures earlier this year. The services previously subjected to the reduced VAT rate of 12% were temporarily reduced to 6% f

GERMANY: VAT rate changes

In order to boost the economy after the corona pandemic, Germany has put together an economic package worth billions.  One of the key points of the package is a six-month reduction in VAT that starts July 1 and runs until December 31 2020. Standard rate is to be reduced from 19% to 16%. Reduced rate is to be …

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