Poland proposes split payments to prevent VAT fraud

31 May 2017

In an effort to prevent VAT fraud, Poland is considering introducing a voluntary VAT split payments regime from 2018.

If introduced, the split payment procedure will allow customers to pay the VAT amount of a sale directly into a special supervised bank account. The tax authorities can then make withdrawals directly from this bank account in order to settle the supplier’s VAT liability.

As an incentive, the tax authorities may let any supplier using the scheme to be exempted from all other anti-VAT fraud measures. This includes being held jointly and severally liable for the payment by their customers of the VAT element of sales.

LATEST NEWS

2025 SME Special Scheme introduces pan-EU €100,000...

To reduce the VAT compliance burden for small to medium-sized enterprises (SMEs) in the EU, many member states have implemented an 'SME Scheme', which exempts...

SEE MORE
VAT news
LATEST NEWS

Romania proposes to extend mandatory e-invoicing to...

Romania has announced plans to extend its electronic invoicing regime to business-to-consumer (B2C) transactions for both VAT-registered resident and...

SEE MORE
VAT news
LATEST NEWS

Senegal to introduce VAT on e-services for...

The Ministry of Finance has confirmed that it will introduce VAT at 18% on the sale of digital services by non-resident providers to local consumers from 1...

SEE MORE
VAT news

Gated Content

The following email providers are not accepted: gmail, hotmail, yahoo. Please use proper company email.