Pay & Refund in Poland – a complicated withholding tax (WHT) refund procedure
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Date22 Jul 2024
The Pay and Refund mechanism, i.e. refund of withholding tax, is a complicated process that not everyone can easily use. It primarily requires a lot of time, proper preparation and...
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Coverage of losses from the statutory fund of a foundation and tax exemption
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Date19 Jul 2024
Recently, the Supreme Administrative Court of Poland (Polish: Naczelny Sąd Administracyjny, NSA) issued an important ruling regarding the issue of overpayment of corporate income tax by foundations with the status...
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Minimum tax – can also be paid by entities reporting a loss
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Date17 Jul 2024
As of January 1, 2024, regulations on the minimum corporate income tax have come into force. The purpose of the minimum tax is to tax entities that do not generate...
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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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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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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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The FASTER Directive is approaching: Major changes to the Settlement of Withholding Tax (WHT)
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Date14 Jun 2024
The FASTER Directive on Withholding Tax (WHT) The European Union aims to simplify and speed up the procedures related to withholding tax relief in order to increase the efficiency of...
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Lump sum for using a private car for local business travel as taxable income (PIT)
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Date23 May 2024
In the Polish tax system, there are many categories of income subject to Personal Income Tax (PIT). One such income is the lump sum paid to an employee for using...
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A cash payment into the supplier’s bank account cannot be included in deductible expenses
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Date13 May 2024
In the judgment dated March 27, 2024 (ref. I SA/Lu 33/24), the Provincial Administrative Court in Lublin ruled that a cash payment into a supplier’s bank account cannot be included...
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Non-deductibility of expenses for organizing team-building meetings with co-workers from the company’s income
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Date08 May 2024
The Supreme Administrative Court (NSA) has once again taken a position on the deduction of expenses for organizing integration meetings. In its latest ruling dated March 12, 2024 (ref. no....
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