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Taxation of Financial Services is not so simple

Until the end of 2021, financial services were obligatorily exempt from VAT. In 2022, the possibility of choosing the option of taxing them was introduced. This is a beneficial solution for many operators, especially those for whom financial services are a marginal part of their activity, and their exemption results in the need for a proportional deduction of VAT.

  • First judgments of administrative courts
  • But is the loan a service provided continuously?
  • What does that mean?

Source: www.mddp.pl

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