- When closing a business, it is important to notify the tax office and prepare a liquidation inventory
- Avoid making mistakes when closing a business
- Notify the tax office of the cessation of taxable activities
- Prepare a liquidation inventory
- Consider what to do with fixed assets after a long period of correcting input tax
- Failure to report the cessation of taxable activities may result in removal from the VAT register
- Taxable goods produced by the taxpayer or goods not subject to supply after acquisition may be subject to VAT
- Certain conditions must be met for the taxation of specific assets
- Legal entities are not subject to the same rules as individuals when it comes to taxation of assets
Source: ksiegowosc.infor.pl
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
