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Søren Alexandersen

Senior Program Manager

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A woman sitting at a desk using a laptop
A woman sitting at a desk using a laptop
Many countries have turned to value-added tax (VAT) to stimulate their economy in response to the disruption of COVID-19. In addition, several countries are planning economic stimulus packages with VAT rate changes in response to COVID-19. For example, Germany recently lowered standard VAT rates from 19 percent to 16 percent, starting July 1 and continuing...Read more