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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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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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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Thin capitalization – regulations are still unclear
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Date26 Oct 2021
How to correctly settle the costs of debt financing? Unfortunately, there is still no clear answer to this question. The current regulations in this regard are unclear and the interpretations...
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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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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...
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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....
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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...
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