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Read more about the category: Accounting, HR/Payroll, Tax & Legal Alerts Poland

Upcoming deadlines for submission of notifications: CBC-P and ORD-U

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Date23 Mar 2021
We would like to inform you about the upcoming deadlines for: 1. Submission of the CBC-P notification Country-by-Country report (CBC-R) is a reporting mechanism set out in the Act of 9 March 2017 on the exchange of tax information with...
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Changes in excise duty

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Date22 Mar 2021
As of 1 February 2021, the following changes to the Excise Duty Act are in force: Change in registration for excise purposes Under the new rules, excise tax payers are required to register or to make an update in the...
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SLIM VAT – Change in the rules from 1 January 2021 regarding domestic negative credit notes with Polish VAT of sales and purchase invoices – Examples

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Date19 Mar 2021
Our Customer Relation department, in cooperation with the Accounting department, has prepared the following explanation of the changes to Polish Slim VAT regulations. On 1 January 2021, the so-called SLIM VAT (Simple, Local And Modern VAT) came into force, introducing...
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Important tax changes related to counteracting the negative effects of COVID-19 pandemic

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Date25 Feb 2021
In order to counteract the negative effects of COVID-19 pandemic, significant tax changes regarding the settlement of personal income tax (PIT) and corporate income tax (CIT) have been introduced. Changes concerning personal income tax (PIT) The raised income tax exemption...
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Changes in the jurisdiction of tax authorities from 1 January 2021

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Date10 Feb 2021
On 1 January 2021, amendments to the regulations in accordance with the decrees of the Minister of Finance, Development Funds and Regional Policy of 28 December 2020 came into force. (Polish Journal of Laws of 2020, item 2456). Thus, the...
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Obligation to submit a report on payment dates applied in commercial transactions for 2020

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Date28 Jan 2021
Due to the amendment of the Act of 8th March 2013 on preventing excessive delays in commercial transactions, certain groups of entrepreneurs are obliged to submit a report on payment dates applied in commercial transactions for the previous year until...
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The obligation to submit a declaration of having the status of a large enterprise

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Date28 Jan 2021
We would like to remind you of the obligation to submit a declaration of having the status of a large enterprise. According to the amendment to the Act on preventing excessive delays in commercial transactions, every large enterprise who is...
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Important tax changes, including: Corporate Income Tax (CIT) for limited partnerships, introduction of the so-called Estonian CIT – from 1st January 2021

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Date18 Dec 2020
The Polish President has signed two amendments to income tax laws adopted by the Sejm, which provide, amongst others, for the CIT treatment of limited partnerships and introduction of the so-called Estonian CIT. The amendments will enter into force on...
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New obligations concerning information on transfer pricing and a statement on preparation of local transfer pricing documentation in Poland

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Date18 Dec 2020
According to Polish law, under certain circumstances, two types of information on transfer pricing are required to be submitted independently of each other: Information on transfer pricing submitted to the Head of the National Revenue Administration; Statement on preparation of...
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A subsidy from the PFR does not constitute tax revenue

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Date02 Dec 2020
The financial subsidy received by the taxpayer under the government program for SMEs in connection with combating the effects of the pandemic in Poland is not tax revenue. It concerns the financial support from the Polish Development Fund (PFR) provided...
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