31 May 2018

Germany announces draft law on VAT liability for internet transactions

The finance ministers of the German Bundesländer (Federal States of Germany) announced on May 25, that they have agreed on a draft law intended to counter value added tax (VAT) evasion involving online commerce. It is expected that the draft legislation will now enter into the necessary parliamentary procedures and that the implementation date will be January 1, 2019.

An Indirect Tax Services group Alert, attached below, provides additional details.

———————————————
ATTACHMENT

Document ID: 2018-1127