Amendments to the Corporate Income Tax Act and certain other acts (Polish Deal 3.0)
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Date15 Dec 2022
Published on 25 October 2022, the Act of 7 October 2022 introduces new regulations for taxpayers. For the most part, the changes under the Act apply to CIT and come...
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Transfer pricing statement and indirect transactions with countries considered as tax havens
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Date23 Nov 2022
We would like to inform you, that as of January 1, 2021, pursuant to Art. 11o Sec. 1a and 1b of the Corporate Income Tax Act, the obligation to prepare...
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New version of the Instructions for filling in and sending INTRASTAT declarations in Poland
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Date30 Aug 2022
The Customs Department of the Polish Ministry of Finance has published on its page a new version of the Instructions for Completing and Submitting INTRASTAT Declarations (dated July 27, 2022)....
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Property development companies vs. real estate companies
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Date21 Jun 2022
According to the recently presented position of the Director of the National Revenue Information, a real estate developer engaged in the construction of residential and non-residential buildings and their sale...
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Tax Benefits for Aid to Ukraine
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Date26 Apr 2022
Engaging in aid to Ukraine may benefit from several existing and newly introduced tax benefits. Although some regulations came into force in the middle of March – they are effective...
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CIT reporting and settlement deadlines for 2021 extended
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Date12 Apr 2022
Extension of reporting deadlines On March 10, 2022, the Polish Minister of Finance’s regulation1 changing the reporting deadlines for 2021 came into force. According to its contents, the deadlines for,...
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Special procedure – Import of goods from outside the EU (Import One Stop Shop)
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Date21 Mar 2022
From 1 July 2021, the special procedure Import OSS (IOSS) came into force. It applies to distance sales of imported goods originating outside the European Union, the total value of...
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Exemption from income tax on profits of general and limited partnerships
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Date16 Mar 2022
On December 15, 2021, the Polish Minister of Finance issued a general interpretation No. DD5.8203.2.2021, in which he confirmed that the exemption from income tax on certain income from participation...
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Documentation thresholds in transfer pricing in 2022
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Date25 Feb 2022
Among the many legislative changes, from 1 January 2022, also those concerning transfer pricing came into force. In particular, they point to formal and documentation issues, including those informing about...
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Controlled Foreign Corporations (CFC) – more entities covered by Polish regulations
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Date16 Feb 2022
Tax changes implemented as of January 1, 2022 expanded the catalog of entities qualifying as Controlled Foreign Corporations (CFC), thereby requiring more entities to apply tax rules specific to those...
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