Split payment mechanism on Polish VAT As from 1st of July 2018 new VAT regulation implementing a mechanism called split payment will come into force. General idea: Payment for an invoice will be split between two bank accounts: net value will be transferred to the regular bank account and the VAT va...
Poland is considering and amendment to the VAT Act, introducing a voluntary B2B VAT split payments regime from 2018. The draft proposal includes a split payment procedure whereby the VAT amount of a sale is paid into a special, supervised bank account of the supplier. The bank will be obliged to...
As from 1st of July 2018 new Polish VAT regulation implementing a mechanism called split payment will come into force. The mechanism of split VAT payment was introduced by the Act of 15.12.2017 on the amendment of the Act of tax on goods and services and certain other acts. Split payment is another ...
If your company sells goods or provides services in Poland and invoices in EUR, USD, or another foreign currency, you need to know these rules to stay compliant. This guide is for business owners, finance teams, accountants, and foreign companies operating on the Polish market who want to avoid cost...
Executive Summary In Poland, you can recognize a cost as tax-deductible if it is incurred to earn income or secure the source of income, properly documented, and not excluded by law. For companies, this follows Art. 15(1) of the Corporate Income Tax (CIT) Act and the exclusions in Art. 16(1). What a...
VAT Refund under Polish VAT Law Executive Summary In this article, you’ll learn about the basic and shortened VAT refund deadlines for VAT payers. We also discuss practical aspects of each deadline. The FAQ section will help you learn about the most common questions VAT payers in Poland have. ...
Executive Summary To be valid in Poland (and KSeF-ready from 1 February/1 April 2026 only for taxpayers established in Poland—seat in Poland or a Polish fixed establishment; non-established VAT registrants are outside the mandate), an invoice must meet Article 106e VAT Act requirements (date, sequ...
Executive Summary GTU codes are 13 labels (GTU_01–GTU_13) used to mark certain goods and services in the SAF‑T JPK_V7 file. You do not put GTU on invoices; you report it in the sales register of the JPK_V7 (V7M or V7K). If the tax office finds errors that prevent verification and you do not corr...
Executive Summary Foreign businesses can reclaim Polish VAT generally if they do not make taxable supplies in Poland. EU companies file an electronic VAT‑REF claim through their home tax portal. Non‑EU entities file under the 13th Directive with the Second Tax Office Warszawa‑Śródmieście an...
Case Study: Swiss Company Buying in Poland and Supplying to Italy — Do You Need Polish VAT Registration? Executive Summary Yes. The Swiss company must register for VAT in Poland and (if it has no EU establishment) appoint a Fiscal Representative. The company will record Polish purchases (input VAT...
