- German Government announced cabinet approval of Annual Tax Act 2024
- Act includes measures to reduce tax rate to 7 percent for delivery and intra-community acquisition of art works
- Tax rate will be reduced from 19 percent to 7 percent
Source: news.bloombergtax.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
