Poland Prime Minister Announces Cabinet Adoption of Bill to Provide Simplification for Entrepreneurs Regarding VAT

The Polish Prime Minister’s Office June 2 announced that the Council of Ministers adopted a bill to amend the VAT Act and the Act on the Rules of Registration and Identification of Taxpayers and Remitters, to provide simplification for entrepreneurs regarding VAT. The bill includes measures to: 1) eliminate specified administrative obligations, such as to pay VAT within 14 days of purchasing a means of transport from another EU country; 2) simplify VAT settlements, such as by introducing a VAT warehouse; 3) clarify specific provisions, such as on the place of supply for electricity and VAT exemption rules for small ...