3 ways to rectify a wrong invoice in Germany
We all know the problem. During an invoice audit we discover that essential invoice requirements are missing or incorrect. The input VAT deduction is therefore lost. A deliberate deduction of input tax despite the formal errors can be sanctioned by criminal law in many countries and violates company-wide compliance rules. In Germany, however, three simple ways to remedy these errors are available. Pursuant to § 14 para. 6 no. 5 of the German VAT Act (UStG), § 31 para. 5 of the German Value Added Tax Implementation Regulation (UStDV), an invoice can be corrected if it does not contain all the information required by § 14 para. 4 UStG or § 14a UStG or if the information on the invoice is incorrect.
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We all know the problem. During an invoice audit we discover that essential invoice requirements are missing or...