Germany: Federal Ministry of Finance Publishes Updated 2026 VAT Conversion Rates

The German Federal Ministry of Finance (BMF) has published the monthly updated overview of VAT conversion rates for 2026, in accordance with the BMF letter of 2 November 2026 (III C 3 – S 7329/00014/008/143).

Under § 16(6) of the German VAT Act (UStG), businesses generally convert foreign-currency amounts into euro for calculating VAT and deductible input tax using the average rates publicly announced by the BMF for the relevant month. These conversions are used in advance VAT returns and annual VAT returns. The provision also allows tax-office-approved daily rates and sets specific rules for certain special schemes.

The BMF receives from the Deutsche Bundesbank, on the first working day of each following month, an overview of the average euro reference rates of the European Central Bank (ECB) for the previous month. The BMF letter is published on the BMF website, as well as in the Federal Tax Gazette (Bundessteuerblatt Teil I) and the Federal Gazette (Bundesanzeiger).

The regularly updated dataset is available through the BMF VAT conversion rates data portal.

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Read the BMF’s updated 2026 VAT conversion rates announcement of 2 November 2026 for the published overview.