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Drastic exacerbation of regulations on VAT phishing

15:32

The Ministry of Justice has proposed an increase of maximum jail time for fiscal fraud up to 25 years, and a increase in fine amounts to as much as PLN 74 million for VAT defraudation. Every year the treasury loses dozens of billions by criminals in tax felonies, some experts say about PLN 50 billion, which could itself finance the "500+" program twice. Invoice falsification will be penalized from  6 months to 25 years of deprivation of liberty. The highiest penalties will be reserved to those who counteirfeited invoices of the amount of more than PLN 5 million. A change in taxation law is an "absolute necessity," says prof. Witold Modzelewski, "this change is a good extention of tools of which tax authorities dispose," he adds.  

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