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copying documents

From July 12, companies will not be able to copy our documents. This mainly applies to identity cards, passports, driving licenses, vehicle cards or ID cards. Thus, from July 12, a penalty of up to two years in prison will be punished for making a copy of the public document. And all thanks to the vacatio legis from the Act of November 22, 2018, coming into force after six months, on public documents (Journal of Laws, item 53). Doubts arise from the copying of documents by banks or insurance companies, which refer to the Directive on preventing the use of the financial system for money laundering and the recommendations of the Polish Financial Supervision Authority. It should be noted that the Act does not provide for exceptions.

PMI index for the euro zone

The condition of the Polish economy depends to a large extent on exports. The PMI index (this is an indicator of economic activity in the manufacturing sector in a given country) for the euro area industry in June amounted to 47.8 pts. towards 47.7 points in May, and the service PMI of the euro zone was at 53.4 pts. against 52.9 points in May, I would like to remind you that the PMI index is only above 50 points signals a recovery in a given sector of the economy.

Tax gap VAT

Initial estimates of the Ministry of Finance inform that the tax gap in the value added tax (VAT) decreased in 2018 to 12.5%. potential inflows from 15.4%. a year before. When analyzing the effectiveness of activities in this area, we would like to remind you that in 2012-2015 "it was estimated at 24-25 percent. It is worth adding that in 2018

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Changes in VAT

On March 12, 2019, the Council of Ministers adopted a draft amendment to the VAT Act, which provides for the establishment of a single list of VAT taxpayers. According to this project, the list will contain account numbers to which transfers should be made. From 2020, in the case of transfers exceeding PLN 15,000, realized on accounts other than those indicated in the list, it can not be included as tax deductible costs.

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