In Europe, Poland seems to be the first country to move away from the traditional VAT return replacing it with a detailed Standard Audit File for Tax (SAF-T). This is basically an expansion of the SAF-T system already used in Poland since 2016. Large enterprises must start working with the expanded SAF-T system from April 2020, and from July 2020 it will be mandatory for all taxpayers in Poland. Failure to submit or report wrong information will result in high penalties. Clearly this increased VAT reporting requirement is putting further tax compliance pressure on companies who must prepare for this big change.
Source: Casper Winkelman of SOVOS
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