Polish consignment call-off stock VAT
If a non-Polish taxable person is undertaking intra-community supplies, storing goods in Poland for onward sale, and has no permanent establishment (local company, staff, offices etc.) in Poland, then it may need to VAT register for a Polish VAT number. This would enable it to report on any sales, and pay over any collected VAT.
Polish VAT stock simplification
For EU VAT compliance purposes, there are two types of stock regimes. The following is a summary of the Polish VAT rules for stock.
Polish Call Off Stock
If the goods are held at the premises (consignment warehouse) of the customer, and it is under their control even if legal title has not passed, then there is no requirement to VAT register the seller.
The tax authorities must be formally notified of the arrangement, and the customer must retain detailed records of the goods held under this arrangement for the tax office. The goods must transfer to the customer within two years.
Note, if the goods are coming from outside the EU, they are an import (as opposed to an intra-community supply), and a registration may be required on this basis alone.
Latest Polish news
February 20, 2019
Poland has received approval from the EU to impose mandatory VAT split payments from 1 July 2019. The approval is temporary, lasting until February 2022.
January 30, 2019
The Polish Ministry of Finance has set a revised date of 1 July 2019 for the implementation of mandatory VAT split payments for a range of B2B transactions.
January 25, 2019
The European Commission (EC) has proposed switching from unanimous to majority voting on EU VAT and other tax policies. The aim is to progress fiscal reforms which face immovable opposition from just a limited number of member states.
- Czech Republic
- United Kingdom