- Foundation acquired a plot of land in 2022 for its statutory activities
- The plot was purchased from the founder of the foundation and already had buildings on it
- Foundation plans to sell the plot to finance its activities and purchase a new plot
- The sale will be conducted without a real estate agency and no power of attorney will be given to potential buyers
- Foundation believes the sale is not subject to VAT, but individual interpretation suggests otherwise
Source: sip.lex.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.
Latest Posts in "Poland"
- Tax Guidance Allows VAT Exemption Correction for Defense Deliveries Delayed by SAFE Certificate
- KSeF Phase Two: System Stable, But Companies Face Integration and Invoice Duplication Issues
- VAT still reigns supreme in the Supreme Administrative Court, the role of tax advisors is growing
- Mandatory Cash Registers for Parking Services from April 2026: New Regulations and Exemptions
- Reduced VAT Rate on Fuels: 8% Instead of 23% from March 31 to April 30, 2026
