A number of new regulations force Polish taxpayers to make payments to their contractors’ bank accounts that are recorded on the so-called ‘white list’ with the tax authorities. The white list, which contains information about taxpayers, has been introduced to, among other things, allow parties to verify whether counterparties are VAT registered. Also, a broad scope of services is now covered by the obligatory split payment mechanism. These changes affect foreign companies registered in Poland for VAT purposes.
Source: BDO
