- The Federal Council approved the Growth Opportunities Act, which includes regulations for the introduction of mandatory e-invoicing in Germany.
- The e-invoicing obligation for domestic invoices in the B2B sector will be gradually implemented from January 1, 2025, to the end of 2027.
- A reporting system to combat VAT fraud is planned to be introduced in Germany starting in 2028.
- Businesses have the right to issue an invoice if they provide a delivery or service, and if the transaction is not tax-exempt, they are required to issue an invoice.
- The new requirement introduced by the Growth Opportunities Act is the obligation to issue invoices electronically in accordance with § 14 para. 2 sentence 2 no. 1 UStG-E.
Source Seeburger
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
Latest Posts in "Germany"
- e-Invoicing in Germany: Guidelines, Timeline, Scope, Requirements & Format
- Accidental Double Taxation Due to IOSS and § 21a UStG Application on Same Transaction
- Germany Mandates E-Invoicing in EU Languages for B2B Transactions from 2025 to 2028
- German E-Commerce Group Achieves Multi-Country VAT Compliance Post-OSS Suspension with hellotax Support
- VAT Deduction for In-Kind Formation of a GmbH with Car Contribution
