2 November 2016
A range of draft measures have been proposed by Poland in order to help reduce the growing problem of VAT fraud. If accepted these will be introduced from 1 January 2017 and will include:
• Increasing the annual VAT registration threshold from PLN 150,000 to PLN 200,000 for Polish resident businesses
• Transfer of most companies VAT return reporting periods from quarterly to monthly, with the exception of micro-businesses
• Removal of the VAT exemption on some outsourced administrative services in the financial services industry
• An extension of the scope of the reverse charge to cover a range of services in the construction sector
• Increased VAT fines and penalties on errors and fraudulent activity
Find out more about VAT in Poland
LATEST NEWS
Emergency VAT measures to combat the financial impact...
Due to the negative financial impact that the Coronavirus pandemic is having on businesses all over the world, a number of tax authorities have implemented...
SEE MORE
LATEST NEWS
Chile imposes VAT on foreign electronic services
From 1 May 2020, Chile will extend its Value-Added Tax (VAT) system to cover digital services supplied by non-resident (foreign) companies to consumers in the...
SEE MORE
LATEST NEWS
Canada’s British Colombia to apply PST to e-services...
From 1 July 2020, British Colombia will introduce sales tax (PST) on sales made by non-resident providers of digital services to consumers residing in the...
SEE MORE