The Ministry of Finance on 23 September 2016 published a draft legislative amendment that would revise various laws in Poland including the value added tax (VAT) law. If enacted, the provisions would be effective 1 January 2017.
Among the provisions are measures concerning sanctions or penalties for underreporting or underestimated VAT on the VAT return. The penalties could range from 30% of the underreported amount of VAT up to 100% of the VAT on “blank invoices” issued. Other measures included in the draft legislation concern:
Read an October 2016 report [PDF 333 KB] prepared by the KPMG member firm in Poland
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