PAngV is the abbreviation for Preisangabenverordnung. This is a law in Germany that came into effect in 1985.
It governs factors of consumer life, such as ensuring that the prices in supermarkets and restaurants include tax (MwSt), unlike in some other parts of Europe.¬† For web-based shops, this can mean stating whether or not a price includes tax, because the shop may not necessarily be targeted at consumers.¬† Business prices often to not include MwSt.
Another example of this law would be the finance rates at the bank or on a credit card, which have to be displayed in a particular way.
To hear a simple explanation and a short discussion in German, listen to the podcast:
(Press the ‚Äúplay‚ÄĚ button to listen to the podcast)
This podcast is intended to be a guide for foreign visitors to Germany, and does not constitute legally binding advice.