VAT Changes in Germany’s Tax Reform Bill and Future Financing Law: Impact on Businesses

The lower house of the German Parliament passed a tax reform bill that includes changes to VAT.
The changes include mandatory use of electronic invoicing, VAT on supplies of gas and heat, and simplification of certain tax procedures.
The law on the financing of future-proofing investments was also passed, which expands the VAT exemption for certain venture capital funds.
Other recent VAT developments in Germany include changes to the time of collection in the case of transfers, rental of operating equipment as an ancillary service, VAT exemption for laboratory services, income tax related permanent establishment, and VAT treatment of investment subsidies.

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.