The first half of 2020 in the Polish VAT system was marked by progressing changes aimed at sealing the VAT gap and digitization of reporting obligations.
Further modifications to the split payment mechanism, the introduction of the so-called White List or the new VAT matrix are just examples of the new solutions that taxpayers have to face. The implemented obligations cause significant number of practical challenges and doubts which must be solved immediately. Occurring problems relates not only the tax qualification of the events, but frequently lead to withholding payments or supplies, which has a key impact on the undisturbed business activity of taxpayers.
Below we present a summary of the most important issues together with suggested and recommended actions which should be taken to reduce tax risks and ensure the security of your business.
Source: accace.com
