- Lower house of German parliament approves business tax reform bill
- Transition period for mandatory electronic invoicing extended for B2B transactions and small companies
- Reduced VAT rate for gas and heat supplies to be terminated earlier
- Exemption from real estate transfer tax extended through 2024
- Mandatory disclosure and reporting requirement for tax planning arrangements remains unchanged
- Bill still needs approval from upper house of parliament, discussion and vote scheduled for 24 November 2023
Source: taxathand.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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