- Polish Ministry of Finance opened consultation on draft bill to amend VAT Act for small businesses
- Proposed measures include VAT exemption for small businesses in EU countries with turnover below 100,000 euros
- Option for VAT exemption for small Polish businesses with turnover below 200,000 Polish zloty
- Rules for determining place of supply for certain services
- Procedures for Polish businesses to apply for VAT exemptions in other EU countries
- Requirement for taxpayers in Poland to submit applications via e-Tax Office for exemptions in other member states
- Penalties for noncompliance
- Law expected to come into effect on January 1, 2025
- Comments on draft bill due by July 16
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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