Erhöhung des deutschen Umsatzsteuersatzes per 1. 4. 1998

As of April 1, 1998, the general value added-tax rate will be raised from 15% to 16%. The reduced-rate value-added tax of 7% will remain unchanged. Gerhard Gaedke decribes the effects of the legal situation and pays special attention to the problems that are likely to arise during the transition period.