The Growth Opportunities Act, published on 27 March 2024, introduces tax amendments, including a specific electronic invoice format for certain supplies of goods and services. This format, referred to as “e-invoices,” will be mandatory for domestic business-to-business (B2B) transactions in Germany. However, there are exceptions for low-value invoices and certain types of transactions. Electronic invoices in other formats will still be allowed in other cases, but only with the recipient’s consent. The e-invoices will be based on the European standard for electronic invoicing under Directive 2014/55/EU.
Source PwC
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