The German Ministry of Finance (BMF) issued guidance that confirms that corrections to invoices may be made that will be effective retroactively to the date of the originally issued invoice. The guidance is viewed as giving legal certainty in certain circumstances regarding value added tax (VAT) treatment.
Source KPMG
Latest Posts in "Germany"
- Germany Clarifies Input VAT Deductions for Subsidized Service Providers Operating at Persistent Loss
- Germany Clarifies Input VAT Deductions for Subsidized Service Providers Operating at Persistent Loss
- German Cabinet Approves Law to Prevent Double RETT on Share Deals, Raises Trade Tax Rate
- Tasks and Structure of Customs: Duties, Tax Collection, Consumer Protection, and Crime Prevention in Germany
- VAT Treatment of Persistently Loss-Making Entities Receiving Public Grants: BMF Guidance 2026
