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KSeF and an invoice issued in a foreign currency

The mandatory KSeF will not eliminate the possibility of issuing invoices in foreign currencies, but it will impact tax aspects related to invoicing. The general rule for converting foreign currencies on invoices will remain the same, using the average exchange rate announced by the National Bank of Poland or the European Central Bank. The new regulations clarify the rules for converting foreign currencies, especially in cases where tax liability arises upon invoice issuance. The changes aim to reduce irregularities in using exchange rates on invoices and may lead to an increase in corrective invoices from July 1, 2024 due to other KSeF-related changes.

Source Enodo


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