27 April 2022
The European Council has allowed Poland to amend its electronic invoicing legislation to make it mandatory for businesses to use the regime from as early as April 2023.
The new regime (KSeF) allows both resident and non-resident companies, that sell to other VAT registered businesses in the country, to declare their sales to the Polish tax authorities via a new e-invoicing platform. The Polish tax authorities will then digitally verify these invoices and confirm that they can be issued to the customer accordingly. This is instead of sending invoices directly to their customers.
Poland hopes this new invoice-reporting regime will help to prevent VAT fraud in the country.
Are you trading globally? Whether you require basic VAT advice or specific VAT compliance support, Fiscal Solutions can help. Our team of multi-lingual experts are knowledgeable in all the different VAT rules in Europe and around the world.
We help you simplify today’s complexities and address tomorrow’s challenges. The values we represent, and our consistent advice, mean you can trust Fiscal Solutions to do the right thing – for you and your organisation.
LATEST NEWS
IMPORTANT: Slovakia VAT increase from 20% to 23% from...
A reminder that from 1 January 2025, the standard Value Added Tax (VAT) rate in Slovakia will increase from 20% to 23%. In addition to the standard rate rise...
SEE MORE
LATEST NEWS
REMINDER: New EU rules for virtual events from January...
From 1 January 2025, the supply of a live virtual event is taxable in the EU country where the consumer purchasing the online attendance resides. This means...
SEE MORE
LATEST NEWS
Switzerland’s new rules for platforms from 1 January...
Switzerland’s Federal Tax Administration will impose “deemed supplier rules” from 1 January 2025 on digital platforms (such as Amazon) to charge, collect...
SEE MORE