Significant changes in the context of the structure of the tax offices are upcoming as of 1 January 2021 for entities of strategic importance for the economy. One national and 19 local specialized tax offices Establishing one specialized tax office of a national range for a group of key taxpayers, including taxpayers with revenues exceeding […]
Expert comment of Jarosław Szajkowski, Tax Manager at ASB Poland, in the article by Rzeczpospolita
“The regulations provide two sanctions for errors in the Standard Audit File. Firstly, a PLN 500 penalty for each mistake, as provided for in the VAT Act. Second, a fine for defective records under the Fiscal Penal Code.” Read the full article in Polish by Rzeczpospolita. Jarosław SzajkowskiTax Manager – Tax AdviserE: jszajkowski@asbgroup.eu
VAT in distance selling (B2C) – current rules
The distance sale plays an increasingly important role in economic turnover. Its popularity among entrepreneurs results from the possibility of the reduction of fixed costs arising from the maintenance of stationery stores while increasing the extent of potential consumers. During the lockdown introduced due to the prevailing COVID-19 pandemic, the distance sale saved a significant […]
Polish Minister of Finance explanations on cash register receipts classified as simplified invoices
The possibility of issuing simplified invoices (so-called receipt with TIN) was introduced in 2013 and since then many taxpayers’ doubts have grown around them. Recent changes to regulations and growing doubts as to their application have prompted the Minister of Finance (MF) to issue on 20 October 2020 tax clarifications in this regard. A simplified […]
VAT in the CEE – the most important changes
Selected changes in the VAT ___ Poland JPK_VAT implementation – the entry date 1 October 2020 Before October 2020 the Polish taxpayers had to submit to the tax authority mandatory two filings separately: VAT return and SAF-T file. As of 1 October 2020, the Polish taxpayers are obliged to submit JPK_V7M (monthly VAT reporting) or […]
BREXIT – Fiscal Representative in Poland – when required?
British company after Brexit will be treated as a non-EU country. British company intending to launch VAT taxed business activity in Poland or willing to prolong the current VAT registration is obliged to appoint a Tax Representative. Does your company require to appoint a Fiscal Representative? Non-Polish entities willing to carry out taxable supplies in […]
Fiscal Representative in Poland – when required?
Norwegian company intending to launch VAT taxed business activity in Poland is obliged to appoint a Tax Representative. Does your company require to appoint a Fiscal Representative? Non-Polish entities willing to carry out taxable supplies in Poland are obliged to register for VAT purposes regardless of their taxable turnover. Please keep in mind that the […]
Slovakia: Proposed changes in VAT taxation to be effective from 2021
VAT changes from 1 January 2021: On 26 August 2020 SK Government approved the proposal of the amendment to Act No. 222/2004 Coll. on VAT. The amendment transposes European law as regards certain value-added tax obligations for supplies of services and distance sales of goods, into local tax legislation. Proposed changes should come into force […]
SLIM VAT – Changes, changes, changes…
The Ministry of Finance is intensively working on changes concerning VAT taxation. Despite numerous changes that entered into force from 1 January 2020 (Quick fixes, VAT rates matrix, changes concerning the so-called White List of VAT taxpayers)and changes that will enter into force from 1 October 2020 (so-called VDEK, complete change in the field of […]
Poland – White List – new rules after 1 July 2020
The negative consequences of the White List register, introduced on 1 January 2020, regarding payments to the supplier’s bank account not included in the White List register for B2B (active VAT taxpayers) transaction over PLN 15 000 gross, result in: lack of the possibility to treat such an expense as tax-deductible cost in CIT and PIT, […]