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National e-Invoice System – Tests starting in October

National e-Invoice System – Tests starting in October

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Date29 Sep 2021
At the beginning of September, the Polish Parliament received a draft amendment to the VAT Act (Paper no. 1547 [PL]) concerning the introduction of the National System of e-Invoices (KSeF)...
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Settlement of a contract of mandate or contract for specific work in the net income method

Settlement of a contract of mandate or contract for specific work in the net income method

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Date24 Sep 2021
How can I document in the net income method (Polish short form used hereafter “PKPiR”) the costs incurred for the settlement of a contract of mandate or contract for specific...
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Foreign trade turnover of goods in total and by countries in January-July 2021

Foreign trade turnover of goods in total and by countries in January-July 2021

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Date24 Sep 2021
In January-July 2021, exports in Poland increased by 26.0% and imports by 27.8% compared to the same period in 2020. According to the Polish CSO, “foreign trade goods turnover amounted...
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Can employee meals be a tax deductible costs?

Can employee meals be a tax deductible costs?

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Date20 Sep 2021
Providing employees with free meals has been one of the most popular employee benefits in recent years. Most often companies offer their employees breakfast, lunch or fruits, but other meals...
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When can a general partner deduct limited partnership tax (CIT) from PIT?

When can a general partner deduct limited partnership tax (CIT) from PIT?

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Date08 Sep 2021
From 1 January 2021 Polish limited partnerships are obliged to settle CIT. For owners of such companies it means double settlement of income tax: first they will pay CIT of...
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Extension of the rules for entry into Poland from abroad

Extension of the rules for entry into Poland from abroad

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Date03 Sep 2021
The government has decided to extend the restrictions on foreigners entering Poland. Originally the restrictions were to be in force until the end of the summer vacations, but the latest...
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How to settle the tax on gifts for employees given on special occasions?

How to settle the tax on gifts for employees given on special occasions?

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Date16 Aug 2021
Giving small gifts to employees on special occasions is now a standard practice in many companies. Employers more and more often give gifts to their employees on the occasion of...
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Simple public limited company PSA from 1 July 2021. - Advantages and disadvantages, how to set up

Simple public limited company (PSA) from 1 July 2021. – Advantages and disadvantages, how to set up.

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Date05 Aug 2021
Basic features of a simple public limited company As of 1.7.2021, instead of 1.3.2021 as initially planned, amendments to the Code of Commercial Companies came into force, which resulted in...
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New taxation rules for limited partnerships in Poland

New taxation rules for limited partnerships in Poland

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Date16 Jul 2021
As of 2021 limited partnerships having their registered office in the territory of the Republic of Poland have become taxpayers of corporate income tax. Subject to taxation will be the...
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Industrial production in Poland continues to soar

Industrial production in Poland continues to soar

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Date12 Jul 2021
Industrial production in Poland continues to grow. CIS reported growth of 29.8 percent in May compared to the same month of the previous year. Compared to the previous month of...
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