- The Federal Ministry of Finance updated VAT guidance for B2C online event services, replacing the April 2024 circular. Key points include: live-streamed events are not electronically supplied services, while recorded content is; VAT exemptions may apply to live-streamed events and interactive education, but not to recorded streams or lessons. Changes also affect ticket sales and reduced VAT rates. New rules apply to transactions after December 31, 2024, but businesses can rely on the April 2024 circular for services before January 1, 2026. This update clarifies VAT compliance for virtual events in various sectors.
Source: fintua.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.
Latest Posts in "Germany"
- Germany Clarifies Input VAT Deductions for Subsidized Service Providers Operating at Persistent Loss
- Germany Clarifies Input VAT Deductions for Subsidized Service Providers Operating at Persistent Loss
- German Cabinet Approves Law to Prevent Double RETT on Share Deals, Raises Trade Tax Rate
- Tasks and Structure of Customs: Duties, Tax Collection, Consumer Protection, and Crime Prevention in Germany
- VAT Treatment of Persistently Loss-Making Entities Receiving Public Grants: BMF Guidance 2026
