The rules will be gradually introduced, beginning on July 1st, 2024, for taxpayers with an annual turnover, excluding VAT, of over 9,000,000 Euro in calendar year 2023. Taxpayers with an annual turnover, excluding VAT, between 700,000 Euro and 9,000,000 Euro, or those with a turnover over 700,000 Euro in calendar year 2024, will be subject to these rules starting on January 1st, 2025. Other taxpayers will be required to comply with these rules at a later date.
The new e-reporting will replace the annual customer listing.
Source VATConsult
