Entrepreneurs affected by the flood will pay VAT and income tax only in a few months. This is the assumption of the project prepared by the Ministry of Finance. Experts praise this solution, but they fear that it may not be sufficient. For those who have lost all their assets, real help would be a write-off. Regardless, affected companies will be able to deduct losses and VAT on general principles.
Source Prawo
Latest Posts in "Poland"
- Non-alcoholic wine and energy drinks with 23% VAT?
- Giving and purchasing promotional gifts, sometimes inclusive of VAT
- No VAT Applies Without Direct Reciprocal Service, Court Rules on Film Production Funding
- KSeF for Small Businesses: Who Qualifies for the Postponement and When Does It Apply?
- Municipality Can Deduct VAT on Swimming Pool Using Its Own Method, Court Rules
