Question about German VAT (user search)
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  Question about German VAT (search mode)
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Author Topic: Question about German VAT  (Read 726 times)
Tender Branson
Mark Warner 08
Atlas Institution
*****
Posts: 58,156
Austria


Political Matrix
E: -6.06, S: -4.84
« on: November 19, 2014, 12:22:56 PM »
Quote from: #WhereWasBill on November 19, 2014, 12:08:07 PM
The German exchequer collects value-added taxes in the amount of about € 150,000,000,000.

No, 200 Bio. €

Quote from: #WhereWasBill on November 19, 2014, 12:08:07 PM
How much of that amount traces back to the reduced tax rate? Does anyone know?

About 10 Bio. €
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Tender Branson
Mark Warner 08
Atlas Institution
*****
Posts: 58,156
Austria


Political Matrix
E: -6.06, S: -4.84
« Reply #1 on: November 19, 2014, 12:48:09 PM »
Quote from: #WhereWasBill on November 19, 2014, 12:37:39 PM
Quote from: Tender Branson on November 19, 2014, 12:22:56 PM
Quote from: #WhereWasBill on November 19, 2014, 12:08:07 PM
The German exchequer collects value-added taxes in the amount of about € 150,000,000,000.
No, 200 Bio. €

EU billion or US billion?

Billions of €s. Germany collects 150 Bio. € of domestic VAT each year and 50 Bio. € of import-related VAT.

See "turnover tax".

https://www.destatis.de/EN/FactsFigures/SocietyState/PublicFinanceTaxes/Taxes/TaxBudgets/Tables/CashTaxRevenueMillionEuros.html

Quote from: #WhereWasBill on November 19, 2014, 12:37:39 PM
Quote from: Tender Branson on November 19, 2014, 12:22:56 PM
Quote from: #WhereWasBill on November 19, 2014, 12:08:07 PM
How much of that amount traces back to the reduced tax rate? Does anyone know?
About 10 Bio. €

Hence, a revenue-neutral harmonization of both VAT rates would predominantly hurt the poor?

Don't know, I'm no tax expert. But an increase in the reduced tax rate (which is used for groceries) would hurt poor people I guess, yeah.
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