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Council Decision Published Authorizing Continued Application of Poland's VAT Split Payment System

13 April 2022

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Approved Changes

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Poland-European Union

A Council Implementing Decision was published in the Official Journal of the EU on 7 April 2022 that authorizes Poland to extend the application of its split payment system for the payment of VAT. Poland's split payment system is meant to reduce VAT fraud by splitting B2B payments so that the VAT due on an invoice at the time of payment is directly deposited into a restricted VAT account supervised by the tax authority and the net amount is deposited in the supplier's normal bank account. Previously authorized from 1 March 2019 to 28 February 2022, the latest decision extends...