18/02/2019 (Agence Europe) – On Monday 18 February, the EU Council authorised Poland to introduce a mechanism for split payment of value added tax (VAT) from 1st March 2019 to 28 February 2022. Under this mechanism, VAT will have to be paid into a separate and blocked VAT bank account of the supplier opened in Poland, in respect to invoices issued for supplies of goods or services that present a risk of fraud and that generally fall under the generalised reverse charge mechanism for VAT (see EUROPE 12108). The special measure will apply to certain supplies of goods and services that are made between taxable persons as well as from business to business (B2B) and will only concern electronic bank transfers. For the country, this system offers better guarantees against VAT fraud. (MF)