Germany: The final tug-of-war over the 7%
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Germany: The final tug-of-war over the 7%

Mehrwertsteuer Gastronomie
Will the 7% be de-funded or not? At the moment it doesn't look like it. / © Bimo Luki, Unsplash

Two days ago, on Wednesday, the cabinet approved the draft of the 2024 German federal budget introduced by Federal Finance Minister Christian Lindner (FDP). Yesterday, it emerged that the hospitality industry's wish to be allowed to keep its reduced VAT rate of 7% is not yet included in this draft.

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