ASB Prague, s.r.o.

V Celnici 1031/4, 110 00 Praha 1

Czech Republic

+420 224 931 366

IČ: 47902728

Registered in the Commercial Register maintained by the Municipal Court in Prague under file. C 54606.

Direct contact (media & inquiries)

Dan Ledvinka Group Head of BD & Marketing +420 724 377 998

Poland: ECJ judgement defines the VAT tax point for construction works

The European Court of Justice has ruled that the tax point for VAT may be defined as the moment of formal acceptance of work performed under a construction contract. In its judgement of 2 May 2019 (C-224/18) the court stated that the tax point may arise at the time of formal acceptance of the work stipulated in the contract.

Poland: WHaT`s new with withholding tax "pay-and-refund regime"

As of July 2019 the new “pay-and-refund regime” for withholding tax takes effect. The new regulations will cause additional tax obligations for many taxpayers, who make larger payments of dividends, interest, royalties or fees for intangible services to foreign recipients. Larger payments are generally payments which, in total, exceed PLN 2 million to the same recipient in the year.