Base Details

KeyValue
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.

Correction Definitions

This tax regime supports auto-generation of corrective invoices or credit and debit notes.

Invoice Types

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

  • credit-note