KIS explains how to settle VAT on the sale of developed plots

The problem of taxation of the sale of plots of land with buildings and structures under VAT is a frequent subject of applications for individual interpretations. A taxpayer conducting business activity who sells a plot of land with buildings and structures (real estate) is not always obliged to pay VAT. In many situations, such an activity may benefit from VAT exemption – explains the National Revenue Information.

Source Prawo.pl

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