Magdalena Szczepańska, Marta Szwajcer
Rzeczpospolita
Businesses happen to issue their invoices late or report their purchase invoices after deadline, which often means they have to file adjusted VAT returns. The article reviews cases where such adjustments generate arrears or overpayments of tax. The article is an example-based case study discussing the effects of such adjustments and addressing such issues as taxable persons’ duties, calculation of interest on overdue tax, and reporting obligations.