- The German Ministry of Finance (BMF) has proposed delaying the implementation of mandatory e-invoicing in the private sector to 1 January 2026, after a public consultation on 8 May 2023.
- Despite the postponement, the new timeline still aligns with the VAT in the Digital Age (ViDA) initiative.
- From 2025, only structured invoices will be defined as electronic invoices, and taxpayers will be able to exchange e-invoices voluntarily.
- Compliance with the EN 16931 standard is expected to be mandatory by 2028.
- No information on the planned CTC model has been provided yet, but Pagero will keep stakeholders informed of any important changes.
Source Pagero
Click on the logo to visit the website
Latest Posts in "Germany"
- Court Allows VAT Deduction for Legal Fees in Cancellation Damages Case
- Input Tax Deduction for Consultancy Costs in Pursuing Damages Claims
- Input Tax Deduction for Consulting Costs to Enforce Damages Claims
- Germany Plans 26-Point VAT Reporting and Digital Tax Control Reform
- Non-Economic Use Triggers Input VAT Correction, Not Deemed Supply
