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The Ministry of Finance is planning changes in VAT – extension of joint and several liability

  • The Polish Ministry of Finance plans to extend the buyer’s joint and several liability for the seller’s tax arrears to include transactions involving blank invoices paid via the split payment mechanism and certain intangible services, enhancing accountability for businesses.
  • Entrepreneurs will have the ability to check the VAT taxpayer status of contractors for up to five years, and provisions regarding VAT settlements in the deposit system will be clarified to improve compliance.
  • Additional changes include the introduction of VAT warehouses to simplify international trade VAT settlements, obligations for disposing of unused cash registers, and proposed adjustments to regulations concerning the taxation of electricity supply.

Source Prawo



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