- German Federal Central Tax Office posted guidance on cross-border VAT exemption for small businesses under EU Directive 2020/285
- Effective Jan. 1, 2025
- Includes exemption for small businesses engaging in intra-EU supplies of goods or services
- 100,000 euros annual turnover limit for previous and current calendar years to qualify for exemption
- Electronic filing deadlines for turnover reports
- Registration, recordkeeping, and reporting requirements included
Source: news.bloombergtax.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.
