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German delays cut VAT invoice retention time; approves tax prosecution changes

  • VAT
  • 15 May 2013 | Richard Asquith

German delays cut VAT invoice retention time; approves tax prosecution changes

The German Federal Council has delayed plans to reduce the time companies are obliged to hold German VAT invoices for.

The plan, approved by the German lower parliament, had been to reduce the record retention time from ten years to eight years.  This covered German VAT invoices and other accounting records.  It was proposed as an amendment to the 2013 Tax Act.

The proposed Bill will not pass for review to the mediation body.


VP Global Indirect Tax
Richard Asquith
VP Global Indirect Tax Richard Asquith
Richard Asquith is VP Global Indirect Tax at Avalara, helping businesses understand their compliance obligations as they grow globally. He is part of the European leadership team which this year won International Tax Review's Tax Technology Firm of the Year. Richard qualified as an accountant with KPMG in the UK, and went on to work in Hungary, Russia and France with EY.