Government to reduce value added tax on gas
In view of the rise in gas prices, the German government wants to ease the burden on consumers in terms of value added tax (VAT). In future, the VAT on gas consumption will be 7 percent instead of the current 19 percent, Chancellor Scholz announced in Berlin. This is to apply until March 31, 2024 – i. e., as long as gas levies are charged.
Kategorien: Legislation
Schlagwörter: energy tax, gas levy