Tax
Articles on business taxation, tax reporting and payments, and changes to tax legislation.
-
Taxes: changes in 2019–2020
The Ministry of Finance estimates that almost two million taxpayers will pay no income tax at all. This concerns people under 26 working under employment contracts or contracts of mandate. Young entrepreneurs running their own businesses cannot…
-
R&D relief: deduction and refund rules
R&D relief allows expenditure on research and development to be deducted from the tax base. In effect, the state covers nearly 20% of eligible R&D expenditure. Moreover, start-ups need not report a profit to benefit from…
-
What is the taxpayer whitelist?
VAT whitelist: what to check before a transfer, how the PLN 15,000 threshold works and when a ZAW-NR notification is needed.
-
Changes to leasing and use of company passenger cars from 1 January 2019
The Act of 23 October 2018 amending the Personal Income Tax Act, the Corporate Income Tax Act and certain other Acts was passed by the Sejm on 23 October and approved without amendments by the Senate on 26 October…
-
Changes to third-party liability for an insolvent taxpayer’s debts
The proposed new Tax Ordinance, currently under consultation, would change recovery of insolvent taxpayers’ debts from third parties. At present, tax authorities may assess unpaid tax against them regardless of their circumstances or…
-
Share exchanges — the dispute over tax neutrality
The tax exemption for share exchanges, set out in Polish law in Article 24(8a) of the Personal Income Tax Act and Article 12(4d) of the Corporate Income Tax Act respectively, perfectly illustrates a situation in which the way a transaction is carried out…
-
VAT due diligence — checking counterparties
-
Can VAT on CSR expenditure be deducted?
Expenditure on public-benefit activities is unrelated to a business’s taxable activities and confers no right to deduct VAT. That was the Kraków Regional Administrative Court’s conclusion on 29 March 2017, I SA/Kr 92/17. The judgment is…
-
Management board members’ ‘occupational risk’
Management board members of Polish joint-stock companies are thought to be in a safer position than their counterparts in Polish limited liability companies because there is no equivalent of Article 299 of the Polish Commercial Companies Code, under which the management board members of a limited liability company are jointly and severally liable for its…
-
Combining special economic zone permits — a change in the tax authorities’ approach
Until the end of 2014, tax authorities considered that a business operating in a special economic zone under several permits could keep a single set of accounting records to calculate zone income and therefore…