Now when the deadline to start using Technical Security Devices (TSE) on cash registers, obligation which is defined by the Law on protection against manipulation of basic digital basic records, from December 22nd 2016. has past (March 31st 2021, except for the subjects opted for cloud solutions and applied for an individual postponement according to …
Germany: Uniform standard for electronic receipts Read More »
The temporary VAT rate reductions due to Covid-19 will end on December 31th 2020. The Federal Ministry of Finance explains in the letter, dated November 4th 2020, the details of the return to normal tax rates. In short, from January 1st 2021, the regular tax rate in Germany will increase again to 19%, and the …
GERMANY: BMF issued a letter in regard to returning to pre-pandemic VAT rates Read More »
Even though the German Federal Ministry of Finance confirmed that there would be no additional extension of the deadline for tamper-evident technical security systems (TSE) implementation, it was announced on July 10, 2020, that the federal states of Bavaria, Hesse, Lower Saxony, North Rhine-Westphalia and Hamburg will postpone the non-complaint rule. New date is set …
In order to boost the economy after the corona pandemic, Germany has put together an economic package worth billions. One of the key points of the package is a six-month reduction in VAT that starts July 1 and runs until December 31 2020. Standard rate is to be reduced from 19% to 16%. Reduced rate is to be …
According to the current legal situation, cash registers in Germany must be equipped with a TSE from October 1, 2020. So far, nothing has changed with the Corona crisis. This date is no longer realistic for several reasons as follows: Availability of the TSE and other hardware Under current circumstances, the changeover of the checkout …
GERMANY: KassenSichV (TSE) deadline postponement because of COVID-19? Read More »
Starting January 1st cash registers in Germany must be equipped with a technical security device. Technical security device – TSE is made up of three components: a security module, a storage medium, and a digital interface. The TSE must be certified, which is the responsibility of manufacturers. Certification of the actual point of sale system …
GERMANY: TSE Certification Process and Certified Solutions Read More »