In an earlier post a few weeks ago, we wrote about how the recent German elections seem to have accelerated the country’s move towards a digital real-time VAT control system.
In the coalition deal concluded on 24 November 2021, the new coalition government has identified VAT fraud as a policy question it intends to combat, and announced its ambition to introduce a “uniform nationwide electronic reporting system as soon as possible, which will be used for the creation, checking and forwarding of invoices”. Details about the nature of the e-reporting system, who will be impacted by it and by when, are expected in due course. It appears that a German CTC system will soon begin to take shape.
