Germany MOF Posts Updated FAQs on Introduction of Mandatory E-Invoicing

The German Ministry of Finance March 23 posted online updated FAQs on mandatory electronic invoicing. Updated topics covered include that: 1) during a transitional period of Jan. 1, 2025, to Dec. 31 2026, invoice issuers can opt to issue invoices in forms other than an electronic invoice, like a paper invoice or an e-mail with a PDF attachment, if the recipient agrees; 2) if the invoice issuer’s previous year turnover doesn’t exceed 800,000 euros (US$928,182), this transitional period is extended through Dec. 31, 2027; 3) the use of electronic invoices becomes mandatory for transactions between domestic companies upon the expiration ...