New standard audit file rules for value added tax (VAT) purposes combine the current rules relating to the VAT return with the VAT register requirements, and will apply for large enterprises beginning April 2020 and for other entities beginning July 2020.
Under the new VAT standard audit file rules, the scope of data to be reported has been expanded. For instance, there will be requirements to report information such as data about special sales documents, about special goods or services sold, if there were special sales procedures (including electronic or distance sales), about special purchase documents, and about special purchase procedures.
Other changes concern country codes (addresses of contractors and suppliers will no longer be required).
Taxpayers affected by the new standard audit file rules need to consider preparing their financial systems now so as to be ready when the new rules are effective.
Read a December 2019 report [PDF 237 KB] prepared by the KPMG member firm in Poland
The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.