Germany “Consumption tax” reduction starts New corona measures July 2 5:06
In Germany, the tax rate of the "value added tax", which is the consumption tax of Japan, has begun to be reduced as a measure to boost the economy. Attention is being paid to whether it will lead to economic recovery by reducing tax burden and boosting consumption.
In Germany, the tax rate of the "value added tax", which is Japan's consumption tax, has been reduced from 19% to 16% from the 1st as a limited measure for half a year, and the reduced tax rate applied to food items is also 7%. Has been reduced to 5%.
One of the supermarket customers in Berlin was saying, "It's a good thing. We can lower it.", but another customer said, "There is only a slight difference and it brings almost nothing." It was
According to the German Institute for Economic Research, which conducts research on economic policies, this measure will reduce the burden on households by up to 116 euros per household per month and around 14,000 yen in Japanese yen.
Researcher Stefan Bach of the Institute said, "The VAT rate reduction is an effective option because it can be implemented relatively quickly and has a short-term effect."
The tax reduction of the "value-added tax" is the pillar of the economic stimulus package compiled by the German government in June. The tax reduction scale is 20 billion euros, and the Japanese yen has reached 2.4 trillion yen. It is attracting attention as to whether it will lead to a recovery in the economy that receives it.