Mail-order sales are a type of intra-Community transaction where the seller of goods is a VAT taxpayer from one EU member state, and the buyer is an entity from another EU member state that is not obliged to account for intra-Community acquisitions of goods. The Value Added Tax Act provides specific rules for taxing mail-order
Not only the PIT tax has seen changes this year. As of November 1, 2019, changes in the Value Added Tax (VAT) are coming into effect. This is the first part of changes regarding this tax. The next ones are expected to come into effect on January 1, April 1, and July 1, 2020. What
Young individuals who are just starting their careers often don’t earn high incomes due to lack of experience. The government has extended a helping hand to them by introducing what is known as “zero PIT” (Personal Income Tax). What does this entail? Who can benefit from it? How much can one save through zero PIT,
Podczas marcowego posiedzenia Rządu – 5 marca 2019r., przyjęto projekt nowelizujący ustawę dotyczącą podatku VAT, który to ma wprowadzić w życie nową matrycę stawek podatku od towarów i usług. Projekt nowej matrycy stawek VAT zacznie obowiązywać od 1 stycznia 2020 roku, jednak istotne zmiany zaczną się już 1-go czerwca, kiedy to upoważnieniem Ministra Finansów, Dyrektor
Non-profit foundations and associations typically filed CIT (Corporate Income Tax) returns in paper form. A year ago, their lives were made difficult by introducing the obligation of electronic filing. Now, the filing of CIT returns via the CIT-8 paper form will be reinstated. Why was the requirement to file returns electronically burdensome? The mandatory requirement
Since January 1, 2019, slightly revised regulations have been in effect regarding the operations of related entities and transfer pricing documentation. The law has set new thresholds, changed the deadlines for preparing tax documentation, and clarified many important issues. Which entities can be considered related? As a result of the amended law, the structure of
Until now, there were several lists of VAT taxpayers. These included lists of registered and unregistered taxpayers, as well as those struck off and reinstated to the register. As of September 1, 2019, all these lists have been replaced by one – the White List of VAT Payers. What is it, what is its purpose,