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Post by account_disabled on Dec 6, 2023 21:19:52 GMT -8
Your own business Do you provide financial services and want to waive VAT exemption? Check out what you should remember. Exiting the VAT exemption on financial services - Questions discussed: How to exit the VAT exemption on financial services Exiting the VAT exemption on financial services - Consequences Summary of tax liability for VAT on financial services Subscribe to our newsletter and receive a new one every week Accounting, business and technical knowledge. Only valuable information. As we all know, financial services have until the end of the year to enjoy VAT exemption. However, the Polish Order Law introduces new provisions that allow entrepreneurs to waive such exemptions, but only in certain circumstances. In today's philippines photo editor publication we will describe what consequences this abandonment of VAT exemption may have. Financial services are exempt from VAT. The VAT Law lists the following in the section on objective exemptions. Financial services, including: insurance services, reinsurance services, of insurance and reinsurance services, provision of credit or monetary loans Services and intermediary services in the field, provision of guarantees, guarantees and other guarantees, financial services, insurance transactions and intermediary services in the provision of these services, services in the field of cash deposits, maintenance of cash accounts, all types of payment transactions.
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