Germany Cuts VAT Rate to 16% as part of COVID-19 Stimulus Package
Published: July 1, 2020
As part of Germany’s COVID-19 stimulus package the standard VAT rate has been cut from 19% to 16% and the reduced rate from 7% to 5%. These changes are temporary until 31st Dec 2020.
Rates have been updated in our database for customers using both Version 1 & 2 of the API.