Court of Justice of the EU: the so-called The VAT “sanction” does not comply with EU law

The Polish provisions of the VAT Act allow for the imposition of an additional tax liability in VAT (the so-called “VAT sanction”) in the event of understating the liability / increasing the return in the indicated declaration or in the absence of its submission (its amount is 30% or 20% of the due liability). Doubts

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Adoption of the VAT e-commerce package by the Council of Ministers

Today, the Council of Ministers adopted an amendment to the VAT Act, including the implementation of the so-called “e-commerce package”. The implemented solutions relate to the following aspects: introduction of the VAT-OSS (VAT One Stop Shop) procedure, which is to replace the VAT-MOSS legal regime and the legal regime of distance sales. In this way,

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CJEU judgment – Polish VAT regulations inconsistent with EU law

CJEU judgment – Polish VAT regulations inconsistent with EU law Today, the Court of Justice of the EU ruled that the provisions of EU law preclude the application of national rules according to which the exercise of the right to deduct VAT related to intra-Community acquisitions of goods (intra-Community acquisition of goods) in the same

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„Slim VAT” 2

The Ministry of Finance has published suggestions for the amendment of the VAT Act – called the “Slim VAT 2” package. The changes include: facilitating of issuing of collective corrective invoices – including the option of collective correction of specific items from an invoice, as well as entire invoices; elimination of the need to correct

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4 new general rulings

The Ministry of Finance published, yesterday and today, 4 new general ruling concerning: changes in the scope of the leasing contract and sale of the subject during its term, settlements when using fuel cards, sale of own receivables in factoring, and taxation of vocational training. Changing the lease agreement, selling leased items The Minister of

Structured invoices and the National System of e-Invoices

The Ministry of Finance has today published a draft act amending the VAT Act and introducing regulations in the field of e-invoices and the National System of e-Invoices (pol. KSeF). The draft introduces the concept of “structured invoices”. A structured invoice will be a specific form of an electronic invoice, which will, in practice, become

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Verifying contractors in 2021, must one be even more diligent?

As part of counteracting the erosion of tax receivables, the legislator has for some time been imposing on taxpayers new obligations to verify contractors. Their common denominator is to make the taxpayer (or remitter) “jointly responsible” for the correct tax settlements under the transaction. The taxpayer (or the remitter) should, in particular, verify the status

Slim VAT – entry into force from 2021

Yesterday, the president signed an amendment to the provisions of the VAT Act, the so-called “SLIM VAT” package. It will soon be published in the Journal of Laws. This package is intended to facilitate some aspects of daily settlements for taxpayers The most important changes are: increasing the limit for small value gifts from PLN

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VAT at the end of the year

The end of the year is the traditional time of adopting changes to tax law. This year, the issue of income taxes is the most controversial. Nevertheless, the value added tax (VAT) includes issues worth attention. Below, we would like to present you a synthetic overview of current issues, important for VAT settlement. 1. Amendment

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