Taxpayers purchasing goods—including electronics, fuels, steel, recyclable materials, car parts, or construction services—need to be aware of a requirement to settle their payments using the split-payment mechanism for value added tax (VAT) purposes. Failure to comply may result in penalties equal to 30% of the amount of the tax liability.
Read more: KPMG
Latest Posts in "Poland"
- Poland Releases KSeF 2.0 Updates
- Proposed VAT Act Amendments: Agricultural Registration, 0% Rate, Inventory Changes, and Group Operation Extensions
- Poland’s VAT Act Amendment: Mandatory e-Invoicing System Implementation Timeline and Requirements
- Poland: Local Government Companies Not VAT Payers; Excise Duty Exemption Based on Production Rate
- September 2025 VAT Updates: Key Legal Changes and KSeF 2.0 Developments
