- Poland has expanded its automatic information exchange framework to include crypto-assets and digital platform operators, aligning with EU and OECD standards.
- New compliance requirements mandate due diligence, data collection, and reporting processes for affected entities.
- Due diligence must be completed by December 31, 2026, and reporting systems operational by June 30, 2027.
- The law integrates with broader EU initiatives on administrative cooperation and global minimum tax reporting.
- The legislation takes effect on March 18, requiring businesses in the crypto and platform sectors to update their systems for compliance.
Source: globalvatcompliance.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.
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