In view of the consequences of the corona pandemic, the federal government has agreed on a temporary reduction in VAT. However, the Ministry of Economic Affairs emphasized that it is the decision of the individual company or retailer to pass on the VAT reduction to consumers. The right to free pricing is not abolished! There is no obligation to lower the offer prices. In order to avoid possible (high) price errors and to remain competitive, it is advisable to adjust the necessary price ranges for your repricing during this period. So what SnapTrade users need to know now is in this post.
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