KPMG Germany Webpage
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By Robert E Tromp
Part IV. Changes In Other Tax Laws
4.1 Changes In The Tax Procedure Act (AO)
The tax authorities have been granted the right of online access to electronic bookkeeping documents when conducting on-site tax audits. This change is intended to permit effective and cost-efficient auditing under the conditions of the modern information society and increasing electronic trading. In order to avoid transition difficulties, the measure does not take effect until 1 January 2002.
4.2 Changes In The Value Added Tax Act (UstG)
Starting in 2002, electronic statements will be accepted as invoices for VAT purposes under certain conditions. This change is in response to industry requests for tax simplification.
