The most advanced country in terms of SAF-T is now Poland. First introduced there in 2016, the format for large taxpayers has evolved significantly over the past few years. As of October 1, 2020, all taxpayers must file the JPK_V7M/K. This replaces the previous JPK_VAT and periodic sales tax returns. The new requirement includes a declaration section that corresponds to the defunct sales tax return and a recordkeeping section that corresponds to the defunct JPK_VAT.
The biggest change for taxpayers who previously filed JPK_VAT is the introduction of commodity codes (also known as GTUs). Taxpayers must now mark certain fraud-prone transactions with appropriate GTU codes on invoices. In addition, the Polish government requires that certain other transactions be marked with invoice codes, including transactions between related parties and split payment transactions.
This makes Poland the first country to completely replace the VAT return with a SAF-T file. Other countries will thus note whether these requirements reduce tax fraud and narrow the VAT gap.
Source inposia.com
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