- The text is a letter from the Director of the National Tax Information to the recipient.
- The letter confirms that the recipient’s position regarding the tax implications of a property exchange is correct.
- The recipient is a registered VAT taxpayer and intends to enter into a property exchange agreement with the State Treasury.
- The exchange involves two developed properties owned by the recipient and undeveloped properties owned by the State Treasury.
- The value of the properties exchanged has been determined through valuation reports.
- The recipient’s properties will be exempt from VAT, while the State Treasury’s properties will be subject to VAT.
- Both parties will issue VAT invoices for the exchange, with the value of the State Treasury’s properties being the basis for VAT calculation.
- The recipient argues that the value of the State Treasury’s properties should be considered as the payment for the supplied goods (properties).
- The recipient’s invoice will be net of VAT, while the State Treasury’s invoice will include 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.
