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📈 Business
Polish government plans joint VAT liability — honest firms may pay for partners' fraud
The Polish government is planning changes to VAT regulations that would introduce joint liability for the errors or fraud of business partners. Analysts at iFirma warn that honest companies could face financial penalties for their contractors' misconduct. Expert Piotr Juszczyk of InFakt notes that the compliance criteria are vaguely defined and that tax authorities could assess violations years after the fact.
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