New taxonomies for the e-balance sheet

E-balances for fiscal years beginning after 2015 must be prepared using the new version of the taxonomies published by the German Federal Ministry of Finance.

The German Federal Ministry of Finance has published updated taxonomies for the e-balance sheet. The new taxonomies are generally to be used for fiscal years beginning after December 31, 2015. However, companies are also free to use the new taxonomies already for the 2015 fiscal year. Transmission with these new taxonomies is expected to be possible for test cases from November 2015 and for real cases from May 2016.