In a letter dated 07.07.2020, the Federal Ministry of Finance (BMF) commented on the application of the minimum assessment basis to the supply of electricity and heat to entrepreneurs entitled to deduct input tax and thus refers to an earlier BMF letter from 2016.
Source: js-steuerberater.de
Latest Posts in "Germany"
- New BMF Letter Clarifies VAT Rules for Company Cars Used Privately by Employees
- Germany Prepares XRechnung 4.0 for EU-Compliant E-Invoicing and Digital VAT Reporting by 2030
- Germany Mulls VAT Hike to 21% Paired With Income Tax Cuts and Grocery Relief
- Six Charged in Germany’s ‘Water into Wine’ VAT Fraud Case Involving Diesel Sales
- VAT Implications of Transferring a Club’s Football Operations to a GmbH with Free Facility Use
