...

VAT rate reduction and postponement of the due date for import VAT from 01.07.2020

  • Value added tax

On June 03.06.2020, 19, the federal government passed a billion-dollar economic stimulus package to mitigate the economic consequences of the Corona crisis. In addition to the already passed tax rate reduction for restaurant and catering services in the Corona Tax Relief Act, two further measures have now been passed that affect sales tax: a general tax rate reduction from 16% to 7% and from 5% to 26%, as well as the postponement of the due date for import sales tax to the XNUMXth of the following month. In the link to the newsletter included here, we explain the points to be observed regarding the sales tax implementation and answer any questions that may have already arisen.

Katrin Schramm
Tax Advisor
0621/42508-61
katrin.schramm@moore-tk.de

Overview of the VAT consequences of the economic stimulus package

More knowledge. More insight.

Discover our current publications: specialist articles, analyses, and studies on the most important topics in tax consulting, auditing, law, and management consulting.

To the publications

Latest articles

Partner network: Expansion from within in April 2026

We are delighted to announce that in April 2026, we welcomed two long-standing employees of our firm, Katrin Schramm and Alberto Šimić, into the partnership.

  • News from Moore TK, Digitalization, Lucanet, tax, Tax Advisory, Technologies, Business Consulting

OECD Model Commentary 2025: Key Amendments at a Glance

On November 19, 2025, the OECD published an update to the OECD Model Tax Convention (OECD-MC) and the accompanying Model Commentary (OECD-MC). This is the first revision since 2017 and addresses, in particular, new developments.

  • International Tax Law, Tax Advisory, Transfer Pricing
To our blog

We are here for you!

Personal. Digital. Uncomplicated.

Whether you have questions about our services, would like to arrange an initial consultation, or are simply looking for a direct exchange – we look forward to hearing from you.

Contact now
Close
Search

Press ESC to close