The provisions of the Polish Order have raised doubts among taxpayers about VAT taxation of the transfer of a fixed asset purchased from a lessor for private purposes. According to them, fixed assets, after being taken out of a private lease, disposed of by means of a sale transaction within six years from the first day of the month following the month in which the asset was taken out of business, are to be considered as business income subject to value added tax.
Source: asbtaxblog.com
