- Starting January 1, 2025, businesses must be able to receive and process electronic invoices in B2B transactions
- Issuing electronic invoices is also mandatory
- The legislator has provided transitional arrangements until 2027
- Practical questions arise about how the input tax deduction works
- Concerns exist about the consequences of not accepting an electronic invoice
- Considerations are necessary for business audits
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.
Latest Posts in "Germany"
- Germany Tightens Tax Rules for Influencers & Content Creators
- New draft bill to amend the Energy and Electricity Tax Act – Part 2
- Monthly Overview of VAT Conversion Rates 2025 per BMF Letter September 1, 2025
- Federal Fiscal Court Rules on VAT Allocation for Discounted Restaurant Menus
- VAT Treatment of Condominium Associations (Part 2): Tax Implications and Options for Owners