TOMS (Tour Operators Margin Scheme) is excluded from German Value added tax (Umsatzsteuer)
October 5, 2022
TOMS (Tour Operators Margin Scheme) is excluded from German Value added tax (Umsatzsteuer)
In January 2021, the German Federal Ministry of Finance published a clarification that the Tour Operators Margin Scheme („TOMS”) shall not apply to non-EU companies that do not have a fixed establishment in the EU.
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