Sunday, January 14, 2018

Sales tax in Germany Economy Watch

Understanding Taxes and the economy



The sales tax in Germany is levied on the personal and public consumption goods it produces the same effect on the tax system is generated by any tax on the economy The tax is levied on the sale of goods or services to a customer provided that the customer is the last to buy the good or service This is an indirect tax Basically, the sales tax must be paid by the company that manufactures products However, the company it charges with market prices which it sets for the customer well, the buyer is not directly liable to pay the tax.
German law recognizes two types of tax rates they are.
The general tax rate is 16, however, it rose in January and became 19.
There also reduces the rate is set at 7.
Taxation in Germany has experienced a number of changes in tax rates in 2006, the government took the decision to increase the tax rate of sales has been implemented from 2007 January rate 3 points making 19 in all but feared that this increase would cast a negative impact on the economy, it would affect consumers According retailers the decision to increase the tax rate would slow economic progress the experts found that in the case of a continuous rise in the percent of the sales tax applicable on negative growth in consumer spending will also be noted.
This increase would yield 15 billion However, this would not cause any damage to the investment funds sector could be gathered from alternate sources such as grants and tax cuts.



However, there are special provisions for people outside the Union EC engaged in purchasing these people can buy whatever they want without paying any sales tax There are several aspects that we don ' not to pay the sales tax tax reduction will take place under the following circumstances.
If one is a resident of Third World countries provided it can prove that it does in showing the required documents.
If you do not have a residence permit, you can reside in the country without authorization for three months, but not after.
If exports its products within the period of 3 months, as his personal baggage Whatever one has to export must be in the presence of the person if things arrive by mail after then the conditions are not applicable.
There are some exceptions to tax exemptions Some cases are not included in the tax reduction they are.



If you have resided in Germany for a long period of time, it must pay for the services he has used in Germany as a hotel and restaurant, train and bus fares.
We use certain instruments or objects for personal purposes.
You pay the full sales tax when they buy something, but the retailer returns the amount spent in the payment of a prescribed fee has shown all the documents and convinced the person's identity.
The sales tax system in Germany is simple without any hassle for payers.







Sales tax in Germany Economy Watch, sales, the German economy.