The German government has approved a number of measures aimed at reducing red tape, an issue that has notoriously been crippling the country’s authorities for years. Tax advisors, for example, will be able to issue their invoices digitally, according to the 32 regulatory changes passed by Cabinet on Wednesday, government sources said. Simplifications are also planned in the Foreign Trade and Payments Regulation, including raising the thresholds for reporting capital and payment transactions. This change is expected to ease reporting requirements for companies. There are also plans to reduce re…