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New VAT rates in Germany as of 1 July 2020

After long negotiations Germany government has approved the decision to reduce VAT rate in order to stimulate economy. The change in VAT rate is for temporary period: from 1 July 2020 till 31 December 2020.

VAT type

 

Current rate1 July 2020 – 31 December 2020
Standard VAT rate

 

19%16%
Reduced VAT rate7%5%

VAT rates applicable in Germany and other countries can easily be found in our tax map: https:/tax-map/