On 16 October 2015, the federate states agreed to the Tax Amendment Act 2015. Accordingly, there are various changes to the German VAT Act: the reverse charge on the supply of construction work on installed operating equipment is affected as well as the supply of products made of iron or steel, public sector taxation and chargeable events in respect of VAT charged incorrectly. With effect as of 1 January 2016, the intrastat threshold will be increased as well.
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