VAT
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Intra-Community acquisitions and VAT: a CJEU judgment favourable to Polish taxpayers
In its judgment of 18 March 2021, the Court of Justice of the European Union (CJEU) considered a question referred for a preliminary ruling by the Regional Administrative Court in Gliwice. The case concerned whether the conditions for deducting input VAT on an intra-Community acquisition…
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CJEU: Poland’s conditions for bad debt relief are too strict
The mechanism known as ‘bad debt relief’ allows the taxpayer (creditor) to adjust the VAT taxable amount and the VAT due. To do so, the business must satisfy the conditions set out in Article 89a of the VAT Act, as follows:
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Tax measures to improve liquidity during the COVID-19 pandemic
The Anti-Crisis Shield allows PIT and CIT taxpayers to deduct losses incurred in 2020 from income earned in 2019. In a crisis, when many businesses struggle to remain in…
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Bad debt relief
VAT bad debt relief is an established mechanism and has been available in its current form for a year. The new development is simplified bad debt relief for PIT and CIT, which does not require court proceedings.…
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Taxes: changes in 2019–2020
The Ministry of Finance estimates that almost two million taxpayers will pay no income tax at all. This concerns people under 26 working under employment contracts or contracts of mandate. Young entrepreneurs running their own businesses cannot…
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What is the taxpayer whitelist?
VAT whitelist: what to check before a transfer, how the PLN 15,000 threshold works and when a ZAW-NR notification is needed.
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VAT due diligence — checking counterparties