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National Bank of Poland interest rates in July 2024

National Bank of Poland interest rates in July 2024

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Date04 Jul 2024
On July 2-3, 2024, the Monetary Policy Council held a meeting during which it decided to keep the interest rates unchanged. Current National Bank of Poland interest rates: reference rate...
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The

The “Active Parent” Act – new benefits for parents

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Date03 Jul 2024
On June 12th, 2024, the Act on Supporting Parents in Professional Activity and Child Rearing, commonly known as the “Active Parent” Act, was published in the Journal of Laws of...
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Directive DAC7 - obligations from 1 July 2024

Directive DAC7 – obligations from 1 July 2024

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Date01 Jul 2024
We would like to remind you that as of 1 July 2024, the provisions of European Union Directive No. 2021/1194 of 7 July 2021 (hereinafter “DAC7”) have come into force...
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Invoice for foreign buyers outside National e-Invoicing System

Invoice for foreign buyers outside KSeF (National e-Invoicing System). What about intra-Community supplies and exports?

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Date28 Jun 2024
The National e-Invoicing System (KSeF) in Poland will soon become mandatory for all businesses. However, how does this affect intra-Community supplies of goods (ICS) or exports? The current regulations concerning...
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Accommodation costs of posted employees in the EU do not constitute income

Accommodation costs of posted employees in the EU do not constitute income

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Date27 Jun 2024
In recent years, the issue of taxation of accommodation costs for employees posted by employers to other EU member states has gained importance. In this context, the judgments of the...
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The Whistleblower Protection Act - new responsibilities for employers

The Whistleblower Protection Act – new responsibilities for employers

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Date26 Jun 2024
On June 24, 2024, the Whistleblower Protection Act was published in the Journal of Laws, aligning Polish legislation with Directive (EU) 2019/1937 of the European Parliament and Council dated October...
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Draft law on Cryptocurrencies: Supervision, penalties and many changes

Draft law on Cryptocurrencies: Supervision, penalties and many changes

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Date25 Jun 2024
The Ministry of Finance’s Cryptocurrency law will, among other things, prohibit the offer of all virtual assets without a permit. The supervision of the market will be carried out by...
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Amendment to the Accounting Act signed by the President

Amendment to the Accounting Act signed by the President

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Date24 Jun 2024
On April 16, 2024, the President signed an amendment to the Accounting Act, which requires large companies to break down information on income tax paid and other data by country....
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WHT relief for holding companies

WHT relief for holding companies: How and when can they be applied?

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Date20 Jun 2024
Preferential rules for taxing dividends and other income of holding companies in Poland and in the European Union are intended to support holding activities and avoid double taxation. In practice...
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Current VAT rates in Poland in 2024

Current VAT rates in Poland in 2024

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Date19 Jun 2024
The year 2024 brings several significant changes to the value added tax (VAT) system in Poland, which can significantly affect entrepreneurs. Understanding the current rates and their application across various...
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