German B2B Status and Recent Updates

• Germany is implementing the Wachstumschancengesetz law to promote business growth, tax equity, and streamlined tax procedures.
• The phased approach to B2B e-invoicing in Germany includes a requirement for all companies to be equipped to receive e-invoices by January 2025. The adoption of the European e-invoicing standard EN 16931 is planned without data sharing with tax authorities.
• The decentralized B2G e-invoicing system across federal states poses a challenge in establishing a unified B2B billing system. Milestones in the progression of B2B e-invoicing include exploring an electronic reporting system, requesting changes to the European Directive on e-invoicing, and proposing a provisional implementation schedule for mandatory e-invoice issuance by January 2027.

Source SNI

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