BMF, guidance of 2 June 2022 – III C 2 – S 7410/19/10001 :016
The German Annual Tax Act 2009 introduced a transaction limit to § 24 UStG in the amount of EUR 600,000. This must be applied for the first time to transactions effected after 31 December 2021. To the extent that the total transactions (§ 19 (3) UStG) for the overall company in the previous calendar year amounted to more than EUR 600,000, it is mandatory for VAT to be paid on the transactions at the standard rate. With regard to the introduction of the transaction limit, the tax authorities have particularly incorporated the following provisions into the VAT Application Decree.