Reduction of the VAT rate in Germany

Due to the reduction of the VAT rate in Germany we have successfully implemented a change in the addon application for MS Word for the city of Donaueschingen. Germany will reduce the VAT rate for half a year starting July 1st to support the economy affected by the coronavirus crisis. The higher rate will fall from 19 to 16 percent and the lower rate will be reduced from seven to five percent.

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