Poland will introduce a temporary reverse charge for exchange-traded supplies of gas, electricity, and emission allowances, the country’s finance ministry announced Friday.
The measure, which shifts liability for value-added tax payment from the supplier to the recipient, will apply between April 1, 2023, and Feb. 28, 2025.
- It is intended to improve competitiveness of Poland’s energy trading system, the ministry said in a media release.
- Reverse charging also counters VAT fraud by making it impossible for the supplier to charge VAT and disappear before paying it to the state.
- By bringing gas and electricity trading under a ...
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