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VAT (Mehrwertsteuer) to be 19% from New Year

TipWith effect from 01.01.2007 , Value Added Tax (VAT)  will be 19%.

The current rate is 16% and the 3% raise means a price increase on all the shopping stuff. Friends, if your are gonna plan to buy something big , this is the best time to buy it and save the 3% tax hike before 31st Dec.

Good luck.

Happy Christmas & new year.

 

Erhöhung der Mehrwertsteuer von 16% auf 19% ab dem 1.1.2007

VAT gonna be 19% in Germany from 01.01.2007. The present VAT rates in some european countries are as follows:

Country VAT %
Austria 9.09-16.67%
Belgium 21%
Denmark 25%
Finland 17-22%
France 5.21-16.38%
Germany 7-16%
Greece 11.5-15.25%
Ireland 17.36%
Italy 4-20%
Luxembourg 15%
Netherlands 15.97%
Portugal 19% (13% in Madeira and Azores)
Spain 16%
Sweden 25%
Switzerland 7.6%
United Kingdom 17.5%

 

 Last but not least, here is a link where one can validate the VAT ID of a firm, handler or company.

http://ec.europa.eu/taxation_customs/vies/en/vieshome.htm

cheers

de-orient.com 

 
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