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Polish Minister of Finance’s opinion on the split payment mechanism

Following the introduction of the mandatory split payment mechanism, the Polish Minister of Finance has released his opinion on the following aspects:

  1. If a taxpayer does not use the split payment mechanism when mandatory, expenses are not to be considered deductible; moreover that
  2. Payments in currencies other than Polish zloty does not exempt the acquiree from the obligation to apply the split payment mechanism.

Source vatsystems.eu

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