Germany – Proposed legislative changes to VAT | KPMG | GLOBAL.
October 28: Draft law in Germany would amend the rules relating to value added tax (VAT) including:
- The introduction of a “quick reaction” mechanism relating to the reverse-charge mechanism
- Require monthly filing of preliminary VAT returns in instances involving “shell companies” and “acquired shell companies”
Read an October 2014 report [PDF 320 KB] prepared by the KPMG member firm in Germany:MwST. VAT Newsletter (October 2014)