The German Federal Cabinet approved the draft of the Annual Tax Act 2024 on 5 June 2024. Expected completion by the end of 2024.
Key VAT Changes:
- Input Tax Deduction Timing
- New Invoice Detail Requirement
- Input Tax Apportionment
- Place of Supply for Virtual Events
- Extension of VAT Exemption
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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