- The text is a letter from the Director of the National Tax Information to a foundation in Poland.
- The foundation requested an individual interpretation regarding the deduction of VAT from expenses related to a project.
- The foundation is not registered as a VAT payer and will conduct activities that are not subject to VAT.
- The foundation asked if they have the right to deduct VAT from purchases related to their non-taxable activities.
- The Director confirms that the foundation’s position is correct and they do not have the right to deduct VAT.
Source: sip.lex.pl
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Poland"
- SAF-T VAT will be adapted to KSeF – there is a draft
- KSeF: A Treasure Trove of Business Data — and a Security Challenge
- Ministry of Finance Launches Pre-Production API Environment for KSeF 2.0 Integration
- VAT Settlement Errors Common in the Beauty Industry Due to Complex Service Classifications
- Ministry of Finance Updates JPK_V7 Regulation: Key Changes to SAF-T and KSeF Requirements