The European Commission has published a draft of the decision authorizing Poland to introduce a mandatory split payment mechanism for the supply of certain goods and services. The annex to the decision defining the list of goods and services covered by these regulations contains 152 items. Items 1-128 are, in principle, goods and services already...
On 4 December 2018, the Ministry of Finance published a draft amendment to the VAT Act according to which VAT-7 and VAT-7K declarations and attachments to these declarations will be replaced by the new JPK_VDEK structure. The draft of the amendment indicates that the new JPK_VDEK structure will have a “VAT register” part and a...
In accordance with REGULATION (EU) 2016/679 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 27 April 2016 on the protection of natural persons with regard to the processing of personal data and on the free movement of such data, and repealing Directive 95/46/EC (General Data Protection Regulation) we would like to inform that: your...
On the Polish Ministry of Finance (‘MF’) website appeared explanations regarding restrictions on recognizing the expenses incurred for the purchase of certain intangible services and rights as the tax deductible costs. The publication contains brochures in which MF describes, among others time and subject-object scope of application of article 15e of Polish Act on Corporate...
As we informed you in our Tax Alert 2/2017 dated 29th May, 2017 the Polish Ministry of Finance planned to oblige the entrepreneurs to submit to the Polish tax authorities SAF-T files containing data on payments made on their bank accounts (so called “SAF-T bank extracts”) on daily basis. The regulation was supposed to come...
The Ministry of Finance published the new version of the instruction on filling and submitting INTRASTAT. Since the settlement for July 2017 it will be obligatory to point out in the dispatch INTRASTAT the VAT number of the recipient (new box 22 of the INTRASTAT). It means that if the same goods will be shipped...
The Polish Ministry of Finance published a draft of the amendment to the Tax Ordinance. According to the presented draft the entrepreneurs will be obliged to submit to the Polish tax authorities SAF-T files containing data on payments made on their bank accounts (so called “SAF-T bank extracts”) on daily basis. If the entrepreneur has...
The Polish Minister of Finance published a draft of amendments to the VAT Act (hereinafter as: “the Draft”), introducing a split payment in Poland. The split payment will be optional. The split payment may apply to payments or pre-payments (for services / goods) made to the accounts kept by banks established in Poland. The split...
The Polish Parliament recently adopted amendments to the VAT Act. The new regulations are still waiting for President’s signature and publication in the Official Journal of Law. However, we do not expect any changes or delays. Therefore, we present below the most important amendments affecting foreign companies. The majority of new regulations will come into...
On 20 September 2016 at the press conference the Minister of Finance announced that it suspends the new law on taxation of the retail sales (we informed you about the details of this regulation in our Tax Alert No. 05/2016). The conference was held in connection with the objections which was presented by the European...
The aim of the academy is to bring together VAT experts from all over the world to discuss, in interactive and lively workshops, various issues that arise in the day-to-day business of VAT experts. Workshops will be limited to small numbers of participants and will always be led by two very experienced trainers from leading...
Recently the Polish Ministry of Finance published on its webpage an application to file SAF-T files for VAT registers together with the manual for the application and sample file in csv format, which could be used to create SAF-T file. The above files are available on the website of the Ministry of Finance under the...
Recently the Polish Ministry of Finance published on its webpage a few information regarding SAF-T files. First of all, the Ministry informed that the SAF-T structure for invoices (i.e. the one submitted on the tax office’s request) should contain detailed information (i.e. on line by line basis) only about company’s sale invoices. It means that...
On 1st July, 2016 there has been published the Council Directive (EU) 2016/1065 introducting to VAT Directive 2006/112/EC rules on taxation of the vouchers. The new law adopts: definitions of “voucher”, “single-purpose voucher” and “multi-purpose voucher”, rules on taxation of transferring the vouchers, and the method of determination of the base of taxation of the...
On 14 June 2016 in the Journal of Laws of the Republic of Poland was published the Law of 13 May 2016 amending the Tax Ordinance Act and some other laws. This Act introduces so called “clause against tax evasion”. The clause is an important element of the tax system sealing policy announced by the...
