SLIM VAT 2 is an amendment to the VAT Act introducing changes in the following areas among others:
Recent changes in VAT often cause more uncertainty for taxpayers, although they were intended to serve as simplification in response to taxpayers’ problems.
The SLIM VAT 2 package involves a number of changes that may result in your company in:
Above all, however, the new regulations pose a challenge to persons in charge of appropriate recognition of business transactions in tax settlements of entities.
Compliance of settlements with the latest regulations, in particular in relation to the successive changes as regards corrective invoices
Clarity on complex business transactions difficult to classify related, for instance, to supplies involving several entities in the chain or sales to the UK
Ability to recover interest paid as a result of applying the so-called "separate recognition” effective prior to SLIM VAT 2 with regard to ICA and importation of services
Your company's awareness of the “weaker sides” of the new regulations and the problems that may arise from them in your tax returns
Taking advantage of the possibility of applying the new bad debt relief regulations and recognising input tax after the period set for invoice recognition on an ongoing basis.
Partner | Tax adviser | Head of the VAT PracticeE: tomasz.michalik@mddp.plT: (+48) 501 733 720
Partner | Tax adviserE: janina.fornalik@mddp.plT: (+48) 660 440 141
The Court of Justice of the European Union has, for the first time, ruled in a case directly addressing the VAT implications of transfer pricing adjustments (Case C-603/24 Stellantis Portugal). This is a highly significant and controversial issue across the EU due to the absence of a harmonised approach among Member States.
A taxpayer who has not received payment for goods or
Transfer pricing documentation within multinational capital groups has become an invaluable tool not only in the context of transfer pricing verification, but also in relation to other taxes, including withholding tax (WHT). In Poland, tax authorities are increasingly referring to group documentation, namely the Master File, during WHT audits.