English Translation

192 - 8 - a significantly wider scope than our facilitations for the first domestic deliveries of certain imported goods /these are granted by the government according to § 4 No.14 of our law on turnover - and luxury tax; b/ the_liberation__of_the_deliveries_ven_economically important_raw materials_and_half-finished_in_gross trade /§ 4, No.4 of the German law/.These articles / textile raw materials,fuels, artificial fertilizers,mineral oils etc./ are mentioned in § 2l, paragraph 2 of the german implementing contract. Deliveries of other goods in wholesale are subject in Germany to the VAT rate of only è v.H. /see page 5 of this report /.An exemption from deliveries in wholesale does not know our right to the turnover and luxury tax ;as already mentioned, according to our regulation the reduced VAT rate by & f.H applies. only for supplies of certain agricultural products which would be concluded and subject to arbitration in accordance with the commercial practices of a domestic stock exchange. /facilitation according to J § 4 No.l4 of our law on turnover and luxury prices/; c/_the_liberation__of___Natural services provided by an entrepreneur to his employees as remuneration for services provided /§ 4,No.12 of the German law/.Our regulation according to § 1,Abs.5 of our act/, these services - as own consumption - are subject to the value added tax ;