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BMF releases e-invoicing regulations draft letter

18 June 2024
Germany

With six months to go, there are still many questions on the practicalities of the mandate. To prepare the taxpayers' readiness and increase public awareness, the German Ministry of Finance (BMF) published a regulatory draft letter on 13 June 2024.   In the letter, the BMF goes through the regulatory changes introduced by the Growth Opportunities Act (Wachstumschancengesetz) and offers more practical guidance on what this means for businesses in Germany.   The draft letter contains guidance on the following topics: Regulations introduced by the Growth Opportunities Act Invoice formats (electronic/hybrid/other) Issuance/reception of e-invoices Storage of e-invoices Input VAT deductions...