VATupdate

PL: Reverse charged VAT passed

Reverse charged VAT passed.

The main aim of the amendment is to tighten the effectiveness of the tax system. The system is based on the process where the buyer issues an invoice without VAT and the seller is obliged to settle the due VAT on the transaction. Reverse charging of VAT will include: some forms of gold; secondary steel products; mobile phones, including smartphones; portable computers (tablets, netbooks, laptops, etc.) and video game consoles.

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