Sector Regulation Sector Regulation

Germany to reduce VAT on gas to 7 percent, Scholz says

Germany will lower the sales tax on gas to 7 percent, to soften the impact of adding a new levy on consumers that starts on Oct. 1.

The surcharge, set at 2.4 euro cents per kilowatt hour, was announced on Aug. 15 and aims to allow gas importers to transfer the higher gas

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