Payments with PayPal can be made in various currencies around the world. A PayPal account can be linked to payment cards or a bank account. The most popular payments are via PayPal for online purchases. However this functionality can be used by people who transfer funds privately on the same terms provided that both parties to the transaction have a PayPal account. What should an entrepreneur who has a Paypal account remember Payments made through your and foreign currencies.
In such cases an analysis should always be carried out in terms of settling exchange rate differences on such transactions based on the provisions of the Personal Income Tax Act. Exchange rate differences phone number list occur on several levels: Exchange rate differences on sales transactions Exchange rate differences on the purchase transaction Exchange rate differences from own funds Exchange rate differences occur when the transaction is related to business activity.
Transactional exchange rate differences – when do they arise If the entrepreneur receives payment in a foreign currency or pays for purchases in a foreign currency himself in such cases an analysis should be carried out in terms of exchange rate differences. The settlement will be slightly different in terms of transaction exchange rate differences and exchange rate differences on own funds. Transactional exchange rate differences Sales revenues Receipt of payment Revenue is converted at the average NBP exchange rate from the last business day preceding the day of obtaining the revenue.
发表于 2023-10-8 14:45:32
