The Ministry of Finance has started public tax consultations on the implementation of the VAT warehouse into the Polish VAT system.
A VAT warehouse can be a significant simplification of VAT settlements, especially in the case of businesses operating in the area of international trade in goods. In particular, cash flow benefits are possible.
the advantage of the VAT warehouse regime is – generally – that sales of Community goods directly resulting in goods being placed in a VAT warehouse are VAT exempt (0% rate), but input VAT in relation to these sales is deductible. VAT is payable if the goods are removed from the VAT warehouse, except in respect of cross-border delivery (exports out of the EU or intra-community delivery).
All interested parties may submit opinions and comments on the concept under consideration. Deadline – by April 3, 2023, in electronic form to the following e-mail address: [email protected]
Source gov.pl
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