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Changes and Innovations in VAT from Growth Opportunities Act (Part 1) – General Changes

  • The “Growth Opportunities Act” introduced extensive changes and innovations in income, sales, inheritance tax, and tax procedural law
  • The new VAT regulations will be discussed and appreciated in the following article
  • Extensive new regulations on electronic invoicing from January 1, 2025 will be presented in a separate article in this issue

Source: datenbank.nwb.de

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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