VATupdate
VAT

Share this post on

Interpretation 590 will make it easier for investors from January 2022

In order to get to know all the fiscal consequences of the project, the investor will no longer have to apply for a dozen or so decisions in various institutions. Instead, he will apply to the Minister of Finance for Interpretation 590, which will contain a binding decision on the entire taxation of the planned investment – explains the Ministry of Finance.

The changes will also affect VAT settlements
One of the discussion panels will focus on key changes in the tax on goods and services. It will soon become possible to create VAT groups in Poland. The option of taxing financial services with this tax will also apply. Additionally, issues related to the jurisprudence of the Court of Justice requiring the introduction of changes to Polish regulations in the field of tax on goods and services will be presented.

To complete the picture of changes in tax law, changes in excise duty will also be discussed, in particular those related to the electronicisation of tax settlements. The participants will be given time for questions and discussions.

It should be remembered that the Polish Order is not only changes in the substantive provisions of tax law, but also in the Fiscal Penal Code. They will also be the subject of in-depth analyzes. The same applies to the relationship between fiscal and tax penal regulations. One of the planned topics is the instrumental initiation of fiscal penal proceedings in order to prevent the limitation of tax liabilities.

Source prawo.pl

Sponsors:

VAT news
VAT news

Advertisements: