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Slim VAT 2 enacted. It will be easier to settle chain transactions and adjust tax.

The Sejm (the lower house of the Polish parliament) have unanimously passed several amendments simplifying Value Added Tax procedures, commonly referred to as ‘Slim VAT 2’ package. The previous bundle caused some confusion, mostly in how corrective invoices should be recognised. However, it seems that the Ministry of Finance have learnt their lesson and the next in the series of announced amendments will be warmly welcomed by taxpayers.
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Polish Deal lures foreign investors


The Ministry of Finance has announced that starting from 2022 active support for foreign investment will be Poland's hallmark in the international arena. New tools, such as Investor Desk and Interpretation 590, are to be helpful in this process. There will also be profitable tax solutions.

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Changes to JPK_V7 markings as of 1 July


Taxpayers will no longer be obliged to mark the transactions covered by the mandatory split payment mechanism. Instead, new symbols will appear in connection with the entry into force of the e-commerce package and the existing ones will be modified.

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