output VAT
Polish translation: podatek należny / podatek naliczony
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| 08:24 Mar 5, 2004 |
| English to Polish translations [Non-PRO] Bus/Financial - Law: Taxation & Customs | ||||
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|  Selected response from: Andrzej Lejman Poland Local time: 01:25 | |||
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| 4 | poniżej |
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Answers
6 mins confidence: 
poniżej Explanation: output VAT - podatek należny input VAT - podatek naliczony According to the VAT Law, taxpayers have the right to reduce their amount of output VAT (i.e. the VAT charged by the taxpayer on the sale of goods or services) by the amount of input VAT charged on the acquisition of goods and services. The reduction can be made exclusively by the amount of input VAT charged on the purchases relating to VAT-able sales. Reference: http://www.taxonline.pl/en/materials/taxation_of_capital_gai... |
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