- “Turnover” in Article 90(3) of the VAT Act refers to the value used to calculate output tax (the taxable base).
- Under the VAT margin scheme, only the margin is considered the taxable amount.
- Tax due is calculated solely on the margin.
- The margin must be used when determining the proportion for VAT purposes.
- Supreme Administrative Court confirmed this interpretation in case I FSK 1498/22.
Source: kpmg.com
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"
- Poland Plans VAT Hike on Select Non-Alcoholic Beverages, Including Energy Drinks and Juices
- Polish Finance Ministry Confirms: 5% VAT on Grain Applies Regardless of Its Intended Use
- Municipality Supporting Tourism Not Considered VAT Taxpayer When Transferring Tourist Boat Ownership
- Sugary Drinks, Energy Drinks, and Alcohol to Get Higher Taxes and VAT from 2026
- Ionizing Radiation Measurements Not Exempt from VAT, Not Considered Medical Services, Court Rules
