Poland is planning to introduce an anti-VAT fraud split payment regime

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 provide the entrepreneur with a VAT account free of charge (without fees and commissions), and the funds accumulated on this account will have to bear interest.