ImportMwSt
ImportMwSt, short for "Import Mehrwertsteuer," refers to the German tax system's mechanism for handling the Value Added Tax (VAT) on imported goods. This process is crucial for ensuring that the VAT is correctly accounted for and paid on goods that are brought into the country from outside the European Union (EU). ImportMwSt is governed by the EU's VAT Directive, which aims to simplify the process of VAT collection and payment for businesses and consumers.
When goods are imported into the EU, they are subject to the VAT rate applicable in the
ImportMwSt is designed to prevent VAT fraud and ensure that the VAT is collected from the final
The ImportMwSt system is an essential part of the EU's VAT regime, which aims to create a