- 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.
Source: kpmg.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"
- Draft Tax Amendment Act 2025: Reduced VAT for Restaurants from January 2026
- Updated VAT Rules for Virtual Events: New Guidance on Supply and Exemptions
- BMF Allows EU Official Languages for Invoice Details in VAT Regulations Update, September 2025
- Federal Fiscal Court Ruling on VAT Exemption for Disability Assistance Services Funded by Personal Budget
- Tax Exemption for Care Services Funded by Personal Budget: Federal Fiscal Court Ruling 2025