PLN 45 billion
the size of the VAT gap in Poland in 2016
7117
fiscal inspections were carried by the Ministry of Finance last year
1. SAF-T
An amendment which allows the operations of the tax authorities to be automated and streamlined. The SAF-T comprises tax records and other accounting documents which are computerized, provided using means of electronic communication or IT data carriers, at the tax authorities’ request, in a suitable format.
2. Changes in transfer pricing
The implementation of the OECD’s BEPS recommendations in the Polish system has resulted in the introduction of, among other things, taxation of the income of a foreign controlled corporation (CFC). Amendments to the Polish PIT and CIT Acts with respect to transfer pricing are one of the most important changes in this regard. The amendments relate to, among other things, transfer pricing documentation for transactions concluded with related entities.
3. Changes in VAT
At present, intensive work is being done on introducing a solution aimed at closing the VAT gap. The basic solution in this regard is to be the introduction of the so-called split payment mechanism. Under the split payment model the tax authorities may already control the amount of output VAT at the transaction stage.
4. Tax evasion clause
In practice, a tax evasion clause is a tool used by the tax authorities to fight aggressive tax planning. In addition, in connection with the implementation of the tax evasion clause, a protective tax ruling mechanism has also been introduced at the same time.
5. AML Directive
The aim of the Fourth AML Directive is to prevent the use of the EU financial system for the purposes of money laundering and financing of terrorism. In accordance with the Directive, the list of the entities obliged to provide information about the actual beneficial owners will be extended. The manner of identifying beneficial owners will also be changed.
6. Intensified inspections
Qualitative changes in fiscal control have resulted in a 30%-40% increase in both payment determinations and the number of payments made as a result of decisions issued. The greatest success has been achieved in preventing undue VAT refunds from the state budget.
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