The German Federal Ministry of Finance (‘BMF’) plans to introduce B2B invoicing in Germany within the framework of the European Commission proposed “ViDA” (VAT in the Digital Age) and be compliant with the EN16931 European e-invoicing standard.
On 17th April 2023, the BMF sent a proposal regarding the introduction of B2B e-invoicing for domestic transactions in Germany to a selection of German large enterprises. Industry is asked to provide the BMF with their feedback regarding the implementation of this proposal by 8th May 2023.
Source: meridianglobalservices.com
