Tag: taxes

GDPdU: Principles of Data Access and Auditing of Digital Documents

Whether it’s electronic archiving or e-mail archiving, businesses must give close attention to the Principles of Data Access and Auditing of Digital Documents, known in Germany as the GDPdU. Too often businesses wait until a tax audit is pending to ask the question as to what the rules are for retaining digital documents. These rules




ZUGFeRD: Maintaining tax documents and records

ZUGFeRD, the data model for the exchange of electronic invoices, is finding greater use: the German Federal Ministry of Finance now explicitly encourages and approves of converting tax-relevant documents to and archiving them in the Portable Document Format (PDF). New policy provisions reflect and respond to the conditions prevailing in today’s world of work and