Tax Review - June 2015

We are proud to present the next edition of our "Tax Review" which contains a selection of rulings and interpretations that had been issued or published in June 2015. We hope you will find the information provided here helpful and of interest.

COMPENSATION FOR UNCOLLECTIBLE DEBTS DEPRIVES TAXPAYERS OF THEIR ELIGIBILITY TO BENEFIT FROM VAT RELIEF FOR BAD DEBTS

By Rafał Mikulski

Ruling description

The Supreme Administrative Court (NSA) awarded in its judgment of May 21, 2015 (case no. I FSK 739/14 NSA) that compensation for uncollectible debts is a form of payment and that, therefore, if the taxpayer benefited from bad debts relief, it must adjust the amount of tax payable accordingly.