Recent VAT developments that may affect businesses in Germany
The Federal Ministry of Finance (BMF) on 13 February 2024 published guidance (III C 2 - S 7306/22/10001:001) regarding the division of input value added tax (VAT) on the basis of the ratio of transactions within the meaning of § 15 (4) sentence 3 UStG, Usage of Overall Sales Key.
Read a February 2024 report [PDF 502 KB] prepared by the KPMG member firm in Germany
Other recent VAT developments that may affect businesses in Germany include the following items: