Will Poland Beat France in the Race to CTC?

Anna Nordén
December 18, 2020

The Polish Ministry of Finance announced a timeline for its plans to introduce a Continuous Transaction Controls (CTC) scheme, with a roll-out to start in a year’s time from now.

Earlier this year, ministry officials described their intention to introduce an Italian-style clearance e-invoicing system, however since then, not much has been announced in terms of timing, method or impact. With this recent statement, it’s becoming clear that the ambitious timeline remains, only with a slight delay compared to early indications.

So what’s new? By the end of 2021, e-invoicing via a centralized platform will be made available, but still remain optional for companies; from 2023 it will be mandatory for companies to issue all invoices via this CTC system. The aim with the e-invoicing scheme is not just to reduce fraud but also to simplify the invoice issuing process for companies and facilitate business operations.

The Ministry of Finance explains that with the new scheme Poland will be a pioneer of modern solutions for businesses, while drawing on the experience of other countries’ CTC solutions, notably Italy, Spain and Portugal. The plan is to have the system available for businesses a year before the French CTC launch in 2023. The draft law still needs to be submitted to public consultation, and also, to be able to implement a mandatory B2B e-invoicing system, the country needs a derogation from the European Commission to deviate from the VAT Directive.

The implementation of CTCs in Poland gains traction just a couple of months after the new combined JPK_VAT with the declaration entered into force. Considering that the Polish Ministry of Finance as late as in March this year stated that the country could discontinue the SAF-T scheme if the CTC implementation is successful, it is likely that we’re in for a journey with many surprises awaiting.

For more information see this overview about e-invoicing in PolandPoland SAF-T or VAT Compliance in Poland.

Sign up for Email Updates

Stay up to date with the latest tax and compliance updates that may impact your business.

Author

Anna Nordén

As Principal, Regulatory Affairs at Sovos, Anna Nordén pursues government relations and other public affairs work to anticipate new regulatory trends and laws. In tight collaboration with colleagues in both Strategy and Regulatory Analysis and Design, her long practice and expertise are instrumental in guiding both Sovos and legislators as new tax control reforms are rolled out across the globe.
Share this post

North America Tax Information Reporting
March 22, 2024
Market Conduct Annual Statement Reminders and More

On the second Wednesday of each month, Sovos experts host a 30-minute webinar, Water Cooler Wednesday, to share the latest updates on statutory filings. In March, Sarah Stubbs shared information about the many filings due after March 1, from Market Conduct Annual Statements to health supplements for P&C and life insurers writing A&H businesses and […]

North America ShipCompliant
March 21, 2024
How Producers Can Build a DtC Shipping Market

Direct-to-consumer (DtC) shipping has become one of the leading sales models for businesses of all sizes and in all markets. The idea of connecting directly with consumers is notably attractive, as it helps brands develop a personal relationship and avoid costly distribution chains. Yet, for all its popularity, DtC is often a hard concept to […]

North America ShipCompliant
March 20, 2024
Key Findings from the 2024 DtC Beer Shipping Report

This March, Sovos ShipCompliant released the fourth annual Direct-to-Consumer Beer Shipping Report in partnership with the Brewers Association. The DtC beer shipping report features exclusive insights on the regulatory state of the direct-to-consumer (DtC) channel, Brewers Association’s perspective and key data from a consumer preferences survey. Let’s take a deeper dive into some of the […]

March 20, 2024
As the World Gets Smaller, Think Bigger About Global Tax Compliance

For the past few weeks back, my colleagues and I have been talking a lot about the importance of a global strategy when it comes to addressing today’s modern tax environments. On the heels of Sovos introducing the Sovos Compliance Cloud, many in our company’s leadership team have blogged about related topics and the critical […]

North America ShipCompliant
March 12, 2024
Florida HR 583 Set to Uncork Larger Format Wine Bottles

This bill was signed into law on March 28, 2024 and takes effect July 1, 2024. Florida wine lovers could soon enjoy a bigger selection of bottles based on a recent bill passed by the state’s legislature (HR 583) that would remove the existing cap on wine bottle sizes. What is Florida’s HR 583 bill? […]