Changes in Polish transfer pricing regulations in 2019
As of January 1, 2019, several amendments to Polish tax law are expected. Transfer pricing is subject to a number of new regulations which will apply to profits (losses) earned starting on January 1, 2019. The details of those amendments are as follows.As of 1 July 2018 changes in VAT regulations will come into force putting an end to taxpayers’ freedom to proceed with VAT specified on an issued invoice so called split payment
The introduction of the new legislation will affect taxpayer’s cash - flow, so it would be advisable to begin preparing for the enactment of the new legislation now.