Exemption from VAT for intermediary services in PPK management agreements

• The case concerned the exemption from VAT for intermediary services in concluding agreements on managing PPK
• The Naczelny Sąd Administracyjny issued a ruling on September 24, 2024, dismissing the cassation appeal of the authority
• The analysis of such services in the context of VAT exemption requires consideration of the two-stage distribution process of PPK
• The bank asked the interpretative authority whether the described services are exempt from VAT
• The interpretative authority disagreed with the bank’s position on the services being exempt from VAT
• The Wojewódzki Sąd Administracyjny in Warsaw issued a ruling on September 17, 2020, overturning the contested interpretation

Source: mddp.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.