The Polish government is working on the draft of a new package of changes to the VAT rules, referred to as “Slim VAT 3,” that would simplify VAT compliance for businesses by eliminating formalities, easing penalties and introducing new foreign exchange rate rules when VAT invoices are corrected. The measures are expected to be approved by the end of 2022 and would apply as from 1 January 2023.
Source BDO
