Category Archives: HLB Poland Tax / Legal Updates

03 Aug

Poland VAT – Split Payments 2018

From the 1st January 2018, Poland will introduce a voluntary anti-VAT Fraud split payment mechanism. This system will ONLY apply on domestic transactions and will not affect invoice requirements. B2C transactions WILL NOT be impacted by these changes, only business to business sales. We have not received information about the possibility of opting for this

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25 May

Poland considers VAT split payments from 2018

Voluntary VAT split payments system is being considered by Poland, introducing from 2018. This measure, which will include customers paying VAT into a unique, locked bank account, is intended to reduce VAT fraud. This drafted scheme comprises of a split payment procedure, whereby the VAT amount of a sale is paid into a special, controlled

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31 Jan

Instead of €15,000.00 now only 15,000.00 PLN

In order to restrict the shadow economy, the legislature has significantly reduced the legally permissible limit for the execution of business transactions with cash in this year. Until now cash transactions with an equivalent value of up to 15,000.00 EUR were possible, the limit is now only maximum 15,000.00 PLN (about 3,500 EUR). The reduction

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31 Jan

Property Tax in Poland 2017

The real estate tax rates for the year 2017 have remained virtually unchanged, compared to the tax provisions of 2016. The upper limit, at the discretion of the respective municipality or town, whether or not they are exhausted, are as follows for this year: Tax on buildings: 22.66 PLN/m2 for buildings and parts of buildings

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31 Jan

Amendment regarding real estate purchases by foreigners in Poland

The legislature has expanded the information requirements for the purchase of real estate by foreigners. Notaries are now obliged to submit to the Ministry of Interior, Warsaw. Also, notarised contracts for the sale of shares, shareholder shares or rights and obligations on the basis of which foreigners become owners or co-owners of commercial properties in

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