Resolution criteria

This market will resolve to Yes if the German government officially enacts legislation to increase the standard or reduced Value Added Tax (VAT) rate (Mehrwertsteuer) before the date of the next German federal election. Otherwise, it will resolve to No.

Background

In Germany, the value-added tax (VAT), known as Mehrwertsteuer (MwSt), is a consumption tax collected on goods and services. Since 2007, the standard VAT rate in Germany has remained at 19%, with a reduced rate of 7% applicable to essential goods and services such as food, books, and public transport.

Any change to these rates requires federal legislative action, which is subject to intense political debate and public scrutiny. There have been recent debates about a possible tax raise in the Union-SPD coalition.

This description was mostly generated by AI.