The agreement was announced on Tuesday by the European Commission Vice-President, Valdis Dombrovskis.
"The point is that platforms such as Booking.com or Bolt should be taxed on an equal basis with 'normal' hotels or taxis. Digital platforms should not have a privileged position on the market compared to other companies that are required to pay VAT"
- Polish Minister of Finance, Andrzej Domański, commented on the issue a few months ago. At that time, he appealed for a quick agreement on this matter - so the new arrangements are very pleasing to the Polish Ministry of Finance and the country's representatives in the EU.
As Minister Domański emphasised, the newly agreed regulations will increase the Polish budget revenue by tightening the VAT system. They are also intended to ease administrative and bureaucratic requirements for small businesses: a real-time digital VAT reporting system will be created, as well as the online service points, which will allow companies to avoid costly VAT registrations in each country.
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Source: IAR