The provisions of the VAT Act do not provide for special solutions allowing the use of 0%. VAT rate on the received advance payment for a delivery that did not take place. The occurrence of force majeure and the war are not enough. Six months after receiving the advance payment, the VAT settlement must be corrected and the domestic rate for such delivery must be applied. This is confirmed by the tax office and experts.
Source Prawo.pl
Latest Posts in "Poland"
- KSeF Changes May Complicate Business Travel Expense Reporting for Companies in 2026
- Poland Begins Open Testing for KSeF 2.0 National E-Invoice System, Enhancing Digital Tax Compliance
- Poland’s KSeF 2.0 Manual, Decoded: How to Prepare for Poland’s E-Invoicing Mandate
- Open Testing of KSeF 2.0 API Begins for Financial System Integration Compliance
- VAT Settlement in Packaging Transactions: Ministry of Finance Clarifies Deposit System Rules
