German politician says the country should scrap reduced meat tax rate
Germany could be set to scrap a reduced Value Added Tax (VAT) rate on meat products.
The industry currently has a rate of seven percent with the Social Democrats and Greens arguing it should be increased to 19 percent, the standard rate in Germany.
Friedrich Ostendorf, agricultural policy spokesperson for the Greens said:
“I am in favour of abolishing the VAT reduction for meat and earmarking it for more animal welfare.”
Albert Stegemann, agriculture spokesperson from the Christian Democrat party said plans put forward were “constructive” and suggested additional funding could be put towards helping farmers restructure their business.