Benefits of Creating a VAT Group for Simplified Tax Settlements and Improved Financial Liquidity

• Since the beginning of 2023 until September 9, 2024, 40 VAT groups have been created, but companies are not interested in joint tax settlements.
• Creating a VAT group simplifies the tax settlements for its members who are financially, economically, and organizationally related.
• Members can file taxes as one entity, submit one JPK_VAT covering all transactions, and pay one VAT.
• Transactions between group members are not taxed, and the group can benefit from a single exemption from fiscal cash registers.
• Participating in a VAT group can lead to benefits such as creating shared service centers and improving financial liquidity.

Source: mddp.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.

---

---