The German Ministry of Internal Affairs (BMI) has drafted new legislation to transpose the EU Directive 2014/55/EU into German legislation. However, the new German draft regulation has an ambition that goes far beyond the EU Directive 2014/55/EU.
It shall for example affect all invoices, regardless of the amount. In addition it paves the way for the government to define further requirements, for instance mandating suppliers to send invoices just in electronic format. The latter however has net yet been drafted.
Related posts
- Break: only UBL and CII remain as mandatory EU B2G e-invoicing syntaxes!
- >3 million e-invoices were processed in Kazakhstan in the first half of 2016
- EU and OpenPEPPOL announce new CEF funding agreement to transition from AS2 to AS4
- VAT Gap: Nearly EUR 160 billion lost in uncollected revenues in the EU in 2014
- INFOGRAPHIC: A day in the life of an AP specialist – before and after AP automation
- Boeing needs more cash; puts the squeeze on its suppliers
- Saudi Arabia mandates B2B e-invoicing, as an respond to lower oil prices
- That’s how you do it: offer customers who register for ebilling a one-time $10 credit!
- New approach: efficient invoice processing as an intangible asset
- Spoof Adele: “Should I give up or should I keep chasing payments”