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The Warsaw Voice » Business » December 27, 2017
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Split payment becomes law
December 27, 2017   
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President Andrzej Duda signed a bill introducing the split payment mechanism as of July 1, 2018, presidential chancellery announced.
The bill offers an option to make split payments - separately to the supplier and separately to supplier's special tax account.
Choosing split payments would exempt a tax payer from joint responsibility for tax arrears and reduce VAT return to 25 days.
The finance ministry expects that the bill should have a neutral impact on the budget in 2018 and bring PLN 2 billion in 2019.
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