Base Details

KeyValue
Tax Country CodeDE
CurrencyEUR
Base Time ZoneEurope/Berlin

Tax Categories

CodeNameTitle
VATVATValue Added Tax

VAT Rates

KeyNamePercentsDescription
zeroZero Rate0.0%
standardStandard rate19%For the majority of sales of goods and services: it applies to all products or services for which no other rate is expressly provided.
reducedReduced rate7%Applicable in particular to basic foodstuffs, books and magazines, cultural events, hotel accommodations, public transportation, medical products, or home renovation.
exemptExemptCertain goods and services are exempt from VAT.

Correction Definitions

Auto-generation of corrective invoices or credit and debit notes is supported.

Invoice Types

The types of invoices that can be created with a preceding definition:

  • credit-note