- Not every loan given by a VAT taxpayer is automatically subject to VAT; the nature of the transaction is decisive.
- Loans given from private assets, even if the funds come from business profits, can be considered private and not business-related.
- In the discussed case, a taxpayer planned to give an interest-free loan to a friend from business profits for personal use.
- The taxpayer believed this was a private asset management activity, so the loan should be subject to PCC (civil law transaction tax), not VAT.
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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