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Proposed VAT Amendments in Unofficial Draft Bill for Annual Tax Act 2024

  • Businesses have received an unofficial draft bill for an Annual Tax Act 2024
  • The draft bill has not been published by the Federal Ministry of Finance
  • The draft includes VAT amendments related to place of supply, exemptions, invoices, input tax deduction, one-stop shop procedure, small businesses, and Brexit.

Source: kpmg.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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