1 January 2024 is the commencement date of an act of 14 April 2023 to amend the VAT Act and certain other legislation.

The new law imposes certain additional duties on banks and other financial institutions in connection with the reporting of cross-border payments.

What are the purposes of the new regulation and the details of the cross-border payments reporting scheme? These and other issues are described by Monika Bilska in an article for the Polish Agency for Enterprise Development.

For the full text, see  https://tiny.pl/ccqc3