The withdrawal of non-residential real estate from business activity to private property is not subject to VAT when this activity is carried out with the intention of further leasing. This is not a free transfer of goods for the taxpayer’s personal purposes within the meaning of Art. 7 section 2 of the VAT Act – confirmed the director of the National Tax Information.
Source: podatki.gazetaprawna.pl
Latest Posts in "Poland"
- Ministry of Finance Invites Entrepreneurs to KSeF Training Sessions Starting September
- KSeF and Foreign Branches: Unclear How to Calculate 200 Million PLN Limit
- KSeF Will Also Affect Foreign Contractors of Polish Companies
- Wednesdays with KSeF Training Series Launches for Polish Entrepreneurs
- VAT from deposit system – doubts remain despite Ministry explanations