VATupdate
VATupdate VAT GST sales tax Germany

Share this post on

Draft tax reform bill includes mandatory e-invoicing, other VAT developments

The draft tax reform bill published by the Federal Ministry of Finance (BMF) on 17 July 2023 would introduce mandatory use of electronic invoices (e-invoicing) for supplies between domestic companies effective 1 January 2025.

The bill also includes other value added tax (VAT) related provisions, including certain simplifying measures for small businesses.

Source: KPMG

Sponsors:

VAT news
VAT news

Advertisements: