The draft implements Quick Fixes, which were adopted by ECOFIN and are to be transposed into national law by 01.01.2020, The legislative process has been delayed in recent weeks due to discussions about changes in the Income Tax Act, but it is expected to be implemented soon. The Bundestag has approved on 07.11.2019. The Federal Council should (planned) on 29.11.2019 agree.
Source WTS
Latest Posts in "Germany"
- Major VAT Compliance Changes for Companies in Germany Under 2025 Tax Amendment Act Starting 2026
- VAT Margin Scheme: Protection of Legitimate Expectations in Light of Recent BFH and ECJ Decisions
- German Court Rules on Input VAT Adjustment for Repayment by Guarantors in Failed Transactions
- German Court Clarifies Input VAT Adjustment Rules for Repayment by Bank Guarantors
- German Court: Input VAT Deduction Must Be Adjusted After Import VAT Repayment in Insolvency
