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 729 times)
solarstorm
solarstorm2012
Jr. Member
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Posts: 1,637
United States
« on: November 19, 2014, 12:08:07 PM »
As far as I know Germany imposes two different tax rates on goods and services.
For convenience goods Germans have to pay 7%, for luxury goods 19%.
The German exchequer collects value-added taxes in the amount of about € 150,000,000,000.
How much of that amount traces back to the reduced tax rate? Does anyone know?
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solarstorm
solarstorm2012
Jr. Member
***
Posts: 1,637
United States
« Reply #1 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?

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?
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