Amendment to Polish VAT Law Proposed to Limit Deductibility of Input VAT Attributed to Activities Outside the Scope of VAT
An amendment to the Polish VAT Law has been proposed that would limit the deduction of input VAT attributed to activities outside the scope of VAT. Currently, input VAT incurred on the purchase of goods and services are deductible on a pro-rata basis when performing mixed supplies, i.e. performing activities that are subject to VAT and those that are exempt. However, in practice the input VAT d…
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