VAT Settlement | HLB Poland

The latest news from HLB Poland

Application of the 0% VAT rate on intra-Community supply of goods and knowledge of the identity of the purchaser – CJEU judgment

The verdict dated 29th of February 2024, case C-676/22 B2 Energy s.r.o. analyses the issue related to the possibility of applying the VAT exemption when the supplied goods have been shipped to a purchaser other than the one mentioned in the tax documents. Background of the case In 2015, the Czech company B2 Energy made

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19 April 2024

The latest news from HLB Poland

The increase in the VAT rate on food from April 1, 2024

The Ministry of Finance has announced that from April 1, 2024, the reduced VAT rate on basic food products will not be continued. Instead of the zero VAT rate, which has been in effect since February 2022, a rate of 5% will be applied. This decision was justified by a decrease in inflation, which seems

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15 March 2024

The latest news from HLB Poland

Binding rate information applications only by electronic means

As of the beginning of 2024, the Polish tax system has undergone a significant change in the process of submitting applications for binding rate information (WIS). The new regulation requires that these applications are submitted exclusively electronically, eliminating traditional paper-based forms. Binding rate information is a key element in the relationship between taxpayers and tax

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27 February 2024

The latest news from HLB Poland

Changes Introduced by the SLIM VAT 3 Package

In recent years, the Polish government has made numerous changes to the VAT tax, aiming to simplify and streamline the tax system for entrepreneurs. One of the latest packages is SLIM VAT 3, which came into effect on July 1, 2023. Below are the most important changes introduced in this package. Small VAT taxpayer: The

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25 July 2023

The latest news from HLB Poland

Transfer pricing statement and indirect transactions with countries considered as tax havens

We would like to inform you, that as of January 1, 2021, pursuant to Art. 11o Sec. 1a and 1b of the Corporate Income Tax Act, the obligation to prepare the Transfer Pricing documentation also applies to a controlled transaction or a transaction other than a controlled transaction, if the actual owner has a place

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23 November 2022

The latest news from HLB Poland

Extension of deadlines for submission of TPRs and transfer pricing documentation statements

The deadlines for the filing of the TPR and the statement on the preparation of local transfer pricing documentation for 2021 have been extended – thus, for companies whose financial year 2021 coincided with the calendar year, the deadline is, in principle, 30 December 2022. For entities whose financial year did not coincide with the

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23 September 2022

The latest news from HLB Poland

Special procedure – Import of goods from outside the EU (Import One Stop Shop)

From 1 July 2021, the special procedure Import OSS (IOSS) came into force. It applies to distance sales of imported goods originating outside the European Union, the total value of which in a consignment does not exceed €150 and which are not subject to excise duty…

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21 March 2022

The latest news from HLB Poland

Documentation thresholds in transfer pricing in 2022

Among the many legislative changes, from 1 January 2022, also those concerning transfer pricing came into force. In particular, they point to formal and documentation issues, including those informing…

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25 February 2022

The latest news from HLB Poland

One Stop Shop (OSS) system and changes to VAT

Until now, all e-commerce companies from the EU that sell goods to other EU countries, after exceeding a certain sales threshold (depending on the country the threshold ranges from 35,000.00 EUR to 100,000.00 EUR) were obliged to register…

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7 July 2021

The latest news from HLB Poland

General ruling regarding classification of transactions carried out with the use of fuel cards for VAT purposes

On 15 February 2021 the Polish Minister of Finance issued a general ruling regarding classification of transactions carried out with the use of fuel cards…

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21 April 2021

Article

Tax Focus 2019 | Upcoming changes in the area of VAT settlements soon to come into force

Dear ladies and gentlemen, We would like to draw your attention to a broad package of changes in the area of VAT settlements…

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10 July 2019