- The government has adopted a bill simplifying and modifying VAT obligations for small businesses with their registered office in the EU
- The bill aligns Polish law with EU regulations, allowing small Polish companies to benefit from VAT exemptions in other EU member states
- VAT on all online transmissions of sports, entertainment, and cultural events will be due in the countries where the recipients are located
- Special margin scheme will not apply to art, collectibles, and antiques taxed at a reduced rate
- The new regulations will simplify administrative obligations for small businesses by allowing them to benefit from VAT exemptions in other EU member states
- Currently, small businesses operating in other EU countries must register to fulfill VAT obligations, leading to higher administrative costs and reduced competitiveness
- The bill also introduces new rules for determining the place of service provision for cultural, artistic, sports, educational, and entertainment events
- The new rules will apply when the final recipient of such services is virtual, ensuring VAT is paid in the country of the taxpayer or consumer
- The special margin scheme will be excluded for art, collectibles, and antiques purchased at a reduced VAT rate
- The new regulations are expected to come into effect on January 1, 2025.
Source: gov.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.
