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Extension of reduced tax rates for the restaurant industry in Germany
Summary
Although it was announced that the reduced VAT rate for restaurants and the catering industry would end in 2023, it was extended.
Content
The German Federal Government has approved the extension of the reduced sales tax rate of 7% for restaurant and catering services provided, except for the sale of drinks, until December 31, 2023. From 2024, it is expected that the VAT rate will go back to the regular rate of 19%.
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