From October, taxpayers are obliged to report a new, extended JPK_V7M. In order to support entrepreneurs and help them reduce tax risk and avoid penalties, our tax, accounting, and IT professionals have created an innovative IT tool, TaxWave. TaxWave is an innovative IT program that automates the verification and control of JPK_V7M files. Our program […]
Poland – revolution in VAT reporting as of October 2020 – necessary?
As of October 1, 2020, the tax reality in Poland changed. From that date, VAT taxpayers are obliged to report VAT according to the new electronic structure in the form of SAF-T_V7M or SAF-T_V7K. The purpose of the action was to simplify reporting. Did it work? Until the settlement for September 2020, the taxpayers registered […]
Poland – back to the past in terms of intra-Community acquisition of goods
On March 18, 2021, the Court of Justice of the European Union (CJEU) issued a positive judgment in the Polish case C-895/19 held that the Polish provisions of the Polish VAT Act, which in a specific situation prohibits the recognition of output and input tax on intra-Community acquisition of goods (ICA) in the same settlement […]
Apply for VAT refund connected with intra-Community acquisition of goods, reverse charge transactions, or import of services!
On 18 March 2021 the Court of Justice of the European Union (case C-895/19) confirmed that the Polish provision excluding the possibility of settlement of output VAT and input VAT in the same tax period after 3 months from the date on which the tax obligation arose is inconsistent with the VAT Directive. What it […]
Real estate rich companies are eligible for a lower real estate tax rate
The mere ownership of real estate by an entrepreneur does not determine the real estate tax rate. This is the outcome of important judgments issued in 2021 – first, by the Constitutional Tribunal (TK) in February (ref. no SK 39/19) and then by the Supreme Administrative Court (NSA) in March (ref. no III FSK 895/21 […]