New TV, bike, console? The taxation already knows and can charge 75% tax!

The acquisition of a fresh bike, game console or tv seems to be a simple everyday activity. It turns out, however, that for the IRS it may be a signal to initiate control. The Fiscus present has access to our bank accounts and spending data, and its fresh analytical tools let us to catch up with all irregularity. If your buying is not covered in authoritative income, you must be prepared for uncomfortable questions. In utmost cases, the consequence may be to impose a sanctioned taxation of as much as 75% on the amount you are incapable to prove. This is no longer just a problem for millionaires – average citizens go under the microscope.

The IRS is looking at their hands. How do fresh checks work?

No more anonymity in finance. In fresh months, taxation offices across Poland have intensified operations to detect Undisclosed sources of income. Thanks to modern analytical systems, the taxation office can compare data from various sources in real time: your PIT declaration, the past of operations on the bank account, and even reports from payment intermediaries specified as PayPal. The strategy automatically flags people whose spending importantly outweighs the officially declared earnings.

This means that control can not only be activated after buying an flat or a luxury car. Inspectors are increasingly curious in comparatively tiny transactions. An example? If you gain a minimum national, and you just bought a 4,000-gold bike or a 6,000-dollar gaming computer, it's an emergency signal for the office. The authoritative will ask a simple question: where did the funds come from? And the specified claim that “I had savings in cash” is not enough.

75% taxation on 27 1000 zlotys. A loud conviction is simply a warning.

How severe the consequences can be, shows a loud case described by the diary of the Legal Gazette. matrimony from Warsaw bought properties worth over PLN 320 thousand. They managed to paper the majority of this amount, but could not show the origin of 27 1000 zlotys. The taxation office considered this amount as income from undisclosed sources and imposed a punishment taxation of 75%, which meant over PLN 20 1000 to be paid.

The case went to Chief Administrative CourtWho upheld the fiscal decision. The conviction is clear: this the payer is obliged to provethat its expenditure is covered by legal and taxed income. Importantly, the office does not charge a taxation on the full value of the purchase, but only on the part where there are no documents. If you buy a car for PLN 120 1000 and you can paper PLN 90 thousand, then from the missing PLN 30 1000 you will pay PLN 22 500 tax.

Who's targeting the tax? These hazard groups must be careful

The IRS doesn't go blind. Its analytical systems are programmed to kind people whose lifestyle does not match authoritative finances. The hazard of control increases importantly if you belong to 1 of the following groups:

• Persons expenditure regularly exceeds revenue as shown in the yearly PIT declaration.
• Entrepreneurs who officially show losses and at the same time make large private purchases, e.g. buy fresh cars or repair the house.
• Persons making payments in cash for purchases of advanced value (over the statutory limits).
• Exchange investors or cryptocurrency who show no taxable profits.
• Persons who have received large donations or loans from their family, but They didn't study them to the taxation office. within the required time limit.

All you request is 1 transfer to rise suspicion of the algorithm to run the full control procedure. The fiscal can go back up to 5 years, analyzing your financial history.

How do you defend yourself? These papers will not undermine

In a clash with the taxation office, the wordless translations about “savings held in the sock” are worthless. We request hard evidence. If you plan to spend more money, make certain you have legal papers at your fingertips. This is what constitutes an effective line of defence:

• Donation agreements: They must be decently drawn up and, crucially, reported to the taxation office on the SD-Z2 form.
• Loan agreements: Preferably notarial or with a certain date, reported and taxed on civilian law (PCC).
• Certificates of succession: Order of the court to get the inheritance or to certify the succession.
• Contracts for the sale of assets: For example, a contract to sale a car, land or apartment.
• Full past of bank accounts: Documentation confirming receipts from remuneration, compensation or another legitimate sources.

Remember that the Constitutional Court ruled that 75% of the rate is not a penalty, but a penalty. special taxation of a preventive nature. It is designed to discourage the concealment of income and defend the financial system. Therefore, the only effective strategy is full transparency and reliable documentation of your assets.

You have a company? You're under peculiar supervision.

Entrepreneurs are at risk. Fiskus has full insight into their finances through JPK files, VAT and CIT declarations. Any discrepancy between what the company declares and how its owner lives is immediately visible. Showing a minimum income or failure while buying a luxury car or costly vacation is almost an invitation to control.

If you are planning any larger purchase, from electronics to real estate, ask yourself 1 question today: Am I able to paper any gold? due to the fact that if not, the IRS can ask that question tomorrow. And then it'll be besides late to prepare the defense. It's not adequate to have money these days. You besides request a communicative that full confirms their legal background.