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German Finance Minister Looking at VAT Exemption for Gas Levy

Aug. 5, 2022, 1:59 PM

German Finance Minister Christian Lindner said he will look at ways of exempting the country’s looming gas levy from sales tax in an effort to at least partially ease the burden on consumers from soaring energy costs.

Households will have to start paying the gas levy this October after utilities long pleaded to be able to pass along higher costs following Russia’s moves to squeeze deliveries. Consumers should not be encumbered even more by value-added tax, Lindner said Friday in a tweet.

“I will examine all legal and political options to exempt the gas levy from VAT,” he said.

According ...