In 2018 we informed about plans for the introduction of the new SAF-T VAT structure, which will replace the VAT-7/VAT-7K returns and eliminate the necessity of submission of VAT-27 return. The idea met with popular enthusiasm of the taxpayers. Each…
Taxpayers are to pay taxes on individual bank accounts as of 2020 Polish tax law is subject to extensive changes each year. Bearing in mind recently published draft laws, 2020 will also bring further revolutions for VAT taxpayers - both…
In accordance with the draft amendments to the VAT Act, as of 1 January 2020, changes implementing the directive 2018/1910 will be introduced in regards to the delivery of goods under the so-called chain transactions. As a result of the…
If the activities of foreign companies in Poland come down to the purchase of goods, their storage and processing, and after carrying out the work on them, the goods are exported to the territory of another country, such services do…
In today’s article we would like to focus in details on the most important changes affecting VAT regime in Czech Republic. Vouchers As the EU VAT Directive regulating vouchers was adopted in June 2018 all Member States must seek to…
Tax point in construction sector in the light of recent CJEU’s judgement The rule for determining a tax point in case of construction and installation services is clearly specified by the Polish VAT regulations as the moment of issuing an…
On 1st May 2019, the CELINA import notification system was ultimately shut down. As of this day, all import declarations are solely handled by the AIS/IMPORT (Automatic Import System). The AIS/IMPORT system was built on the basis of the EU…
Broadly understood e-commerce industry may suffer from consequences of hard Brexit. The exit of Great Britain from the EU without an agreement may affect online operating traders. This stems from the special taxation rules for these types of transactions. As…
Brexit vs VAT Brexit - what's next? For a long time the issue of Great Britain leaving European Union remains one of the hot topics on the international arena. The 'divorce' is scheduled for the end of March 2019. However,…
Mandatory split payment mechanism. On 23rd January 2019 the European Commission published draft decision on authorising Poland to introduce a special measure derogating from Art. 226 of Directive 2006/112 / EC on the common system of value added tax. The…
