The standard German VAT rate has been temporarily lowered from 19% to 16% between 1 July and 31 December 2020 to help businesses and consumers during the coronavirus pandemic. The reduced VAT rate has also been cut from 7% to 5%. The German Finance Ministry
The Federal Ministry of Finance has made marketplaces operating in German jointly and severally liable for their sellers on-platform VAT if they file to comply with new data recordkeeping requirements and checks. Germany imposed various third-party seller VAT obligations on marketplaces to help tackle an
German is making a number of changes to its VAT code from 1 September 2013. You can check the right Germany, EU or worldwide VAT calculations on individual or batch transactions with our Advisor and Auditor services. In accordance with the new EC provision (Quick Reaction
Germany’s Ministry of Finance has imposed the obligation for annual balance sheet electronic filings, e-Bilanz from 2013. This covers the balance sheet submitted as part of income tax filings. Read more about German VAT in our national guide. German e-balance sheet This requires all accounts
