On February 5, 2021, a draft amendment to the VAT Act and certain other acts prepared by the Ministry of Finance appeared on the website of the Governmental Legislation Centre. The draft provides for the possibility of issuing structured invoices, which are to constitute one of the forms of documenting transactions, in addition to the currently allowed paper and electronic invoices.
Extension of deadlines for the performance of obligations related to transfer pricing documentation.
On February 25, 2021, the Sejm adopted the act amending the Act on excise duty and certain other acts. As in the previous year, related entities will be given more time to perform the obligations related to transfer pricing documentation.