- Germany’s Ministry of Finance has released a draft bill called the “Growth Opportunity Act” which proposes mandatory e-invoicing for business-to-business transactions in the country by the end of 2023.
- From 2025, an e-invoice will be defined as an invoice issued, transmitted and received in a structured electronic format that enables electronic processing.
- The format must meet requirements of Directive 2014/55/EU (CEN-standard 16931), but other formats such as paper or PDF invoices will still be permitted until 31 December 2025.
- The obligation will only apply to taxable persons established in Germany for B2B transactions.
Source SNI
Click on the logo to visit the website
Latest Posts in "Germany"
- Avoiding VAT by Withdrawing Assets Before Sale: New Legal Clarifications
- Federal Fiscal Court Rules on VAT Exemption for Private Clinics: Criteria and Mixed Outcomes Explained
- TSE Replacement in Germany: Multi-Year POS Transition, Hardware vs. Cloud, and Strategic Planning
- BFH: Foreign Businesses Can Claim Input VAT via Assessment Procedure Despite No Ongoing Domestic Sales
- Reduced VAT Rate for Collector Coins; Gold and Silver Price Announcement for 2026
