Since the New Year, some of the changes from the so-called SLIM VAT package (simple, local and modern) prepared by the Ministry of Finance, which we analysed in one of the previous entries, have come into force. The new regulations were intended to introduce tax simplifications for entrepreneurs, but they already raise some doubts among taxpayers. Below we have described the most important changes, which entered into force on 1 January 2021.
Author: Redaktor
According to the sentence of the Supreme Administrative Court (NSA) of 4 August 2020 (signature I FSK 1848/17), regular supplies from the warehouse are continuous if the agreement concluded by the parties shows that they will be repetitive on predetermined dates. The tax liability will arises at the end of the settlement period to which the payments relates and the VAT return itself can be made in joint manner.
For a few years now, with the development of the RES market in Europe, an increase in interest in Power Purchase Agreements (PPAs) can be observed. Corporate PPAs are a solution allowing for the sale of electricity from renewable energy sources between the producer of electricity and the customer, excluding trading companies.
The sentence of the Polish Supreme Administrative Court (NSA) of 14 January 2020 introduced significant changes in the interpretation of tax regulations concerning the carry forward the tax surplus to the following accounting period. The Polish Supreme Administrative Court (NSA) ruled that the 5-year limitation period applies also to the surplus of input tax, with the consequence that it cannot be carried forward endlessly.