The Ministry of Finance intensively works on changes concerning VAT taxation. Despite changes that entered into force from 1 January 2021 (➡ read more about SLIM VAT changes) further changes will be implemented to the domestic regulations in the next months as e-commerce regulations, National e-Invoicing System or new regulations related to the VAT group […]
Import One-Stop-Shop (IOSS)
Since July 1, 2021, new EU VAT regulations the so-called e-commerce package related to the supplies for EU consumers will enter into force in the territory of the European Union (EU). As a result of the changes, VAT exemption for the import of goods in shipments with a value not exceeding EUR 22 will be […]
The Act – Slim VAT 2 has been introduced to the Parliament
The government draft act amending the goods and services tax act and banking law has been introduced to the parliament. The bill is in line with the tax changes successively introduced by the Ministry of Finance. The aim of the proposed solutions is to simplify the settlement of VAT by taxpayers – the so-called Slim […]
VAT groups – new rules of VAT settlements for Polish entrepreneurs
The Ministry of Finance has just launched pre-consultation of the draft amendments to the VAT Act introducing a new solution in the form of the VAT Group into the Polish tax system. The new structure will be available to Tax Capital Groups (PGK) within the meaning of the CIT Act and foreign entities related to […]
Poland – a new model of e-invoices and the National System of e-Invoices – KSeF
The Polish Ministry of Finance has published a draft amendment to the Polish VAT act, which introduces structured invoices – a new type of electronic invoice (hereinafter: “e-invoice”) – and the National System of e-Invoices so-called KSeF. The amendment is planning to be entered into force as of October 1, 2021. The e-invoice is intended […]
E-COMMERCE PACKAGE – VAT CHANGES AS OF 1 JULY 2021
VAT-OSS procedure for B2C transactions What is OSS? What is changing as of 1 July 2021? One-Stop-Shop (OSS), is an electronic system that simplifies VAT settlements for e-sellers of goods and services offered to private customers across the EU, as it allows in general to: electronic registration for VAT purposes in one EU Member State […]
Who needs a fiscal representative and intermediary for the purpose of VAT e-commerce procedures in Poland?
Since July 1, 2021, new EU VAT regulations the so-called e-commerce package related to the supplies for EU consumers will enter into force in the territory of the European Union (EU). For the non-EU established entrepreneurs – depending on the e-commerce procedure used – there will be in Poland still an obligation to appoint a […]
Export/import of goods & services in the Chech Republic, with a focus on the United Kingdom
Until the end of 2020, there was a transition period in which the supply and purchase of goods to/from the United Kingdom were assessed according to current European regulations. However, the United Kingdom (“UK”) withdrew from the EU (“EU”) on 1 January 2021 and is now considered a third country for tax purposes. From the […]
E-commerce VAT package – new e-commerce rules as of 1 July 2021
On 20 May 2021, the Polish Parliament adopted a draft amendment to the VAT Act concerning the introduction into the Polish legal order of the EU VAT e-commerce package covering VAT sealing changes in cross-border trade between businesses and consumers. The amendments have been made in order to implement the provisions of EU directives adopted […]
“Polish Deal” – the announcement of major changes in taxes
The Polish government presented a draft package of tax and social changes, the so-called Polish Deal. General concepts of planned changes have been presented, however, we will wait for draft legal acts until the third quarter of 2021. The planned changes to the tax law presented so far relate primarily to the issue of taxation […]