Baku 22° C
Germany reduces VAT on gas to 7%
Energy
- 18 August, 2022
- 11:22
The German government has decided to reduce VAT on gas from the current 19% to 7% until March 31, 2024, German Chancellor Olaf Scholz said, Report informs referring to TASS.
“Today, the federal government has decided to temporarily reduce the VAT on gas to 7%,” he said at a press conference in Berlin on August 18. “The reduced VAT rate will remain in effect until the gas purchase fee is levied, that is, until March 31, 2024.
Author
Latest News
00:00
Azerbaijan's Armed Forces mark 108th anniversary
Military23:59
Video
President Ilham Aliyev's social media accounts feature video dedicated to Azerbaijani Army
Military23:56
President Ilham Aliyev shares post on his social media accounts on Day of Armed Forces
Domestic policy23:43
Macron: US is no longer a neutral party in Russia-Ukraine conflict
Other countries23:38
Iran warns of risks for vessels using unauthorized routes in Strait of Hormuz
Region23:32
US to provide $150 million in earthquake relief aid to Venezuela
Other countries23:21
UN suspends Hormuz evacuation operations after attack on cargo vessel
Other countries23:13
Shahin Baghirov comments on new incentives for importing electric and hybrid vehicles
Business22:55