- Alignment with E-Invoicing Requirements: The German Ministry of Finance (BMF) updated the GoBD (German Principles on Bookkeeping) to align digital archiving requirements with the mandatory B2B e-invoicing set to begin on January 1, 2025, providing clarity for taxpayers and software providers.
- Archiving Practices Clarified: The amendment specifies that for fiscal purposes, the XML component of structured e-invoices is the legally relevant element that must be archived, eliminating the requirement for a separate PDF copy, as long as a graphical representation can be generated on demand.
- Specifics on Hybrid Formats: The update explicitly addresses the archiving of hybrid formats like ZUGFeRD, stating that the embedded structured XML is legally binding and must be archived in its original file structure to comply with audit requirements.
Source
Click on the logo to visit the website
Other sources
- See also
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
Latest Posts in "Germany"
- General Court – T-569/25 (X-GmbH) – Judgment – VAT Margin Scheme: Good Faith of the Taxable Dealer Must Be Examined in the Tax Assessment Procedure
- VAT Treatment of the Strom Balance Group Model Clarified by Mecklenburg-Vorpommern Directive
- German Court Bars VAT Refunds for Foreign Companies
- Transfer Pricing Adjustments and VAT: New Risks, New Action Needed
- Reduced VAT on Hotel Services: Breakfast and Wellness Excluded
