Supply Chain Law
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German fashion leaders seek supply chain law suspension
Yahoo Finance· 2026-02-03 12:28
The associations contend that the proposed changes are “insufficient” to provide companies with any noticeable relief, as principal due diligence and documentation requirements remain despite the elimination of some reporting obligations and reduced sanctions. German Textile and Fashion Industry Association CEO Uwe Mazura said: “Germany must end its national go-it-alone approach and use the current amendment to the Local Tax Code (LkSG) to deliver tangible relief. Postponing this until 2029 is not an opti ...