PIT
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Tax measures to improve liquidity during the COVID-19 pandemic
The Anti-Crisis Shield allows PIT and CIT taxpayers to deduct losses incurred in 2020 from income earned in 2019. In a crisis, when many businesses struggle to remain in…
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Bad debt relief
VAT bad debt relief is an established mechanism and has been available in its current form for a year. The new development is simplified bad debt relief for PIT and CIT, which does not require court proceedings.…
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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…
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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…