This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our PRIVACY POLICY for more information on the cookies we use and how to delete or block them.
  • Ministry of Finance announces favorable changes in VAT

Ministry of Finance announces favorable changes in VAT

26 August 2020

Emilia Wolnowska , Manager in Tax Department, Qualified Tax Advisor |

The Ministry of Finance has published a draft of changes to the VAT Act as part of a SLIM VAT system. It provides for simple invoicing, simplifications for exporters, exchange rates shared with income tax and a packet of three financial benefits. The draft also contains a number of clarifying and supplementing regulations, including with regard to the VAT rate matrix and binding rate information (WIS).

More details available in our Tax Alert. If you have any questions don't hesitate to contact us.