- Germany plans to require electronic cash registers for businesses with annual turnover above €100,000, replacing open cash registers with systems secured by TSE and DSFinV-K compliance.
- The main start date is January 1, 2028; if the threshold is first exceeded in 2028 or later, the obligation generally begins on April 1 of the following year, with electronic notification to tax authorities required.
- From January 1, 2028, businesses would also need to issue electronic receipts in a standardized format, though customers could still refuse them and request paper receipts.
- The draft adds broader reporting duties for cash-register system changes and introduces penalties, including fines up to €25,000 for noncompliance.
- It also targets tax evasion by creating a new criminal offense for manipulation software used with electronic recording systems.
Source: fiscal-requirements.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"
- No Input Tax Deduction for Tax Advisory Costs in Gifted Limited Partnership Shares
- Germany Proposes Mandatory Electronic Cash Registers to Combat Tax Evasion
- Incorrect ERP Tax Key Not a Recalculations Error Under Section 173a AO
- Resold Refurbished Office Furniture Remains Subject to VAT
- No Supply in Mere Charge-and-Recharge of a Flat Fee
