Liquidation of VAT return forms and introduction of new JPK_VAT (SAF-T) Starting from the VAT settlement for April 2020, large companies will be obliged to replace the traditional VAT-7 return form with a new JPK_VAT (SAF-T; so-called “VDEK”). For other taxpayers, this obligation will apply from the VAT settlement for July 2020. The new regulations […]
The surplus of the input tax over the output tax can be carried over only for 5 years!
Please be informed that at the beginning of this year, the Polish Supreme Administrative Court has upheld the unfavorable for the taxpayer tax authorities’ decision, that in accordance with the Polish VAT Act regulations the 5 year of the limitation period also applies to the surplus of the input tax over the output tax. It means […]
Tax authorities apply General Anti-Avoidance Rules
Recent information published by the Ministry of Finance shows how the tax authorities are making use of the General Anti-Avoidance Regulations (GAAR) and provide details of opinions recently issued by the Council for Prevention of Tax Avoidance, which is in Polish Rada do spraw przeciwdziałania unikaniu opodatkowania (“Council”). We note that the Council has been […]