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Amendment to the Code of Commercial Companies

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Date10 Oct 2023
On August 22, 2023, the President signed the Act of August 16, 2023, amending the Commercial Companies Code and certain other acts. The Act came into force on September 15,...
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Foreign controlled entities (CFCs) – tax on pass-through income

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Date12 Jul 2023
Pass-through income is defined as a specific type of tax-deductible expenses incurred by a taxpayer to a non-resident related party during the tax year. Taxes on pass-through income at a...
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Estonian CIT – current legal status 2023

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Date01 Apr 2023
Estonian CIT is referred in the law as a lump sum on income of capital companies. It is a modern way of taxation that promotes investments and minimizes formalities when...
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Instead of two, three nuclear power plants in Poland

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Date12 Nov 2022
4 gigawatts for 20 billion dollars According to Anna Moskwa, Minister of Climate and Environment, these are the key figures for Poland’s first nuclear power plant. The Polish government has...
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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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1 billion zloty for the expansion of the container port in Gdansk

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Date27 Jul 2022
The operator of the container port in Gdansk, DCT Gdansk Sp. z o.o., has signed a PLN 1 billion contract with a consortium led by Polish construction group Budimex for...
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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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A three-step framework to develop your sustainability strategy

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Date03 Dec 2021
Following the recent United Nations Climate Change Conference (COP26), we encourage you to have a look at the 2021 Sustainability Report prepared by HLB International. From the obvious physical effects...
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EU funding for 2021-2027

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Date15 Oct 2021
EUR 76 bln from EU funds for Poland in 2021-2027 In the years 2021-2027, Poland will receive EUR 76 bln from the European Union budget – EUR 72.2 bln from...
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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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