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German federal government decides reduction of value-added tax

German federal government decides reduction of value-added tax

01/07/2020

Aeolus is passing on the reduction of the value-added tax decided by the German Federal Government for the period from 01.07.2020 to 31.12.2020.

As part of the economic stimulus program to counteract the negative economic consequences of the corona pandemic, the German federal government is reducing value-added tax from July 1, 2020 to December 31, 2020, with the regular tax rate falling from 19 percent to 16 percent. We are passing on this reduction to our customers. Please do not be surprised about the resulting somewhat bizarre prices on our website.

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