On 16 May 2024 the German Bundestag adopted the draft of an application law for the BEPS-MLI, which was presented by the German government on 7 February 2024. On 14 June 2024, the German Bundesrat gave its approval so that the act can enter into force.The law affects the application of the provisions in double taxation agreements with several countries. ...read more
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Introduction of Mandatory eInvoicing in Germany
The German government coalition intends to battle VAT fraud and modernise the VAT process. As a first step, the Growth Opportunities Act will now introduce mandatory eInvoicing for national B2B transactions from 2025. ...read more