The main assumption of the VAT amendment is to simplify settlements of tax on goods and services made by taxpayers, as part of the so-called Slim VAT package (Simple Local and Modern VAT). Moreover, the draft Act introduces a few options of a clarifying and supplementary nature to some of the legal constructions.

A Standard Audit File (SAF) is a set of data as found in a general ledger chart of accounts and the taxpayer’s accounting evidence generated in a specific electronic format. The general SAFT model is developed by the OECD.

Starting from 13 October 2019 the Minister of Finance will keep an electronic register of natural persons exercising control over Polish commercial companies. Failure to make an entry in the register within the deadline exposes the company to high fines.