English Translation

In our regulation, VAT is a flat rate for the majority of economically important items /e.g. iron, leather, textiles, sugar, flour and mullery products, alcohol, mzneral oils, coal, etc. / and the flat rate tax is about 60 % of the total income of our turnover tax. /2/ The German legislation knows__the_luxury tax_ not_/Germany has already abolished this tax in 1926///3/ The_German VAT_has an un _l %. As a general supplement according to the law on the surcharges for turnover and luxury tax No. 267/l935 as amended by Law No. 28l/1937 and 358/1938 S.d.G.u.V./. The rate of the regular German Umsatøsteuer is 2 %, while the rate of our regular duty is 3 %. The reduced rates of German value added tax shall be calculated as follows: