Since 1 January 2025, a new legal reporting requirement for electronic cash register systems has been in force. The deadline for the first report (31 July 2025) is fast approaching. Anyone who fails to report on time risks fines and more intensive audits. In this newsletter, you will learn which systems are affected and what deadlines apply. If necessary, we will be happy to assist you in submitting your report correctly and on time via ELSTER.

From 2025, the statutory retention period for invoices will be reduced to eight years. But be careful: special cases under tax law, such as those involving real estate, and external audits, may require significantly longer retention periods. IT processes for archiving ERP data and the extension of the statute of limitations for tax offences to 15 years should also be kept in mind. It may be advisable to review your archiving processes at this point in time.

Recently, the following developments occured in other countries: +++ Belgium published detailed provisions for e-invoicing +++ Lithuania amends reduced VAT rates +++ Poland incentivizes voluntary and early corrections +++ Romania increases VAT rates at very short notice +++