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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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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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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Withholding Tax (WHT) 2024
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Date16 Apr 2024
Interest, royalties, and others Interest and royalties paid to a non-resident and fees for certain intangible assets and legal services (e.g. consulting, accounting, legal and technical services, advertising, data processing,...
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Bahamas, Belize, Seychelles and Turks and Caicos Islands removed from EU list of tax non-cooperative jurisdictions
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Date08 Apr 2024
In February 2024, the Council of the European Union decided to remove the Bahamas, Belize, Seychelles, and Turks and Caicos Islands from the list of EU jurisdictions reluctant to cooperate...
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Increased controls in the area of transfer pricing
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Date11 Mar 2024
The Ministry of Finance has announced that tax authorities are going to increase controls in the area of transfer pricing. Data shows that in the first nine months of 2023,...
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