Occasional currency exchange transactions, performed several times a year, are auxiliary services. They are not taken into account in the proportion of sales, so they do not affect the deduction of VAT – ruled the Supreme Administrative Court.
Source: gazetaprawna.pl
Latest Posts in "Poland"
- Poland Releases KSeF 2.0 Updates
- Proposed VAT Act Amendments: Agricultural Registration, 0% Rate, Inventory Changes, and Group Operation Extensions
- Poland’s VAT Act Amendment: Mandatory e-Invoicing System Implementation Timeline and Requirements
- Poland: Local Government Companies Not VAT Payers; Excise Duty Exemption Based on Production Rate
- September 2025 VAT Updates: Key Legal Changes and KSeF 2.0 Developments
