- From January 1, 2025, electronic invoicing is to become mandatory in the B2B sector.
- The Federal Ministry of Finance is also planning a reporting system from 2028 to combat VAT fraud.
- Companies should start preparing for the changeover now. An EU-wide reporting requirement for VAT is also planned. Currently, the exact requirements are still being discussed.
- The introduction of e-invoicing requires time and know-how, so companies should start now.
- At the e-invoicing summit in June, the switch to electronic invoicing was discussed.
- It was emphasized that the needs of small and medium-sized businesses should be taken into account and that clear communication from the tax authorities is necessary.
- Tax consultants can already prepare their clients for the topic.
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