- Providing an investment algorithm is exempt from VAT under Article 43(1)(41) of the VAT Act.
- The Supreme Administrative Court ruled that offering automated financial trading tools is a VAT-exempt service.
- The exemption applies because the algorithm, not the client, makes the investment decisions.
- The client bears the risk, but the algorithm independently executes buy and sell orders.
Source: podatki.gazetaprawna.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.
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