Germany Publishes Law Implementing 2030 Climate Protection Program Including Reduced VAT Rate for Rail Tickets
Germany has published the Law on the implementation of the 2030 climate protection program, which includes certain tax measures. One of the main measures is a reduction in the VAT rate on rail tickets from 19% to 7% from 1 January 2020, along with an increase in air traffic tax from 1 April 2020. Measures are also included for a tax deduction for energy-efficient upgrades for owner-occupied re…
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