Since 18 December 2019, certain electronic media products like electronic books, newspapers and magazines as well as electronic audio books are subject to the reduced VAT rate (§ 12 (2) No. 14 of the German VAT Act). Similarly, the provision of access to databases containing a large number of these electronic media products, or parts thereof, is subject to the reduced VAT rate.
Source: bakermckenzie.com
Latest Posts in "Germany"
- German VAT Excludes Services Ordered by Domestic Liaison Office for Foreign Parent Company
- Non-Economic Use Triggers Input VAT Correction, Not Deemed Supply
- Germany Clarifies Input VAT Deduction Rules for Mixed Business and Private Use
- Germany Unveils Action Plan to Combat Tax and Financial Crime
- Deutsche Post Defends VAT Exemption as Germany Weighs Scrapping Tax Break
