- Split payment aims to tighten the VAT tax system.
- Many taxpayers use split payment, but its application for advance payments is not clearly regulated.
- The mechanism helps control VAT-related cash flows.
- Taxpayers have limited access to funds in VAT accounts.
- Initially controversial, split payment is now widely accepted.
- It reduces disputes with tax authorities and ensures compliance.
- Businesses often use split payment for transactions between VAT-registered entities.
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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