Polish Classification of Activities (PKD) codes 2025

At the beginning of 2025, new Polish Classification of Activities (PKD) codes will be introduced. This reform aims both to simplify the identification of economic activities and to improve compliance with international classification standards. Key changes include, inter alia the introduction of new codes for activities in rapidly growing areas such as digital technologies, the

Poland implements the global minimum tax

On 7 November 2022, the President of the Republic of Poland received the Act on Equalisation Taxation of Constituent Entities of International and Domestic Groups, which implements into the Polish legal system the provisions of Council Directive (EU) 2022/2523 of 14 December 2022 on ensuring a global minimum level of taxation for international groups of

Legislation and Practice – October in taxes and business law

We present below a short summary of the most important changes in tax/business law and practice in October. Legislation Practice in taxes Income taxes and transfer pricing VAT International Taxes Other

Taxes and business law in 2025

We would like to present you a short, original summary of important tax and business law topics in 2025. This applies to both changes in tax law and other important issues. It is worth analyzing them in terms of their impact on your business. Pillar II “minimum” tax From 1 January 2025, the provisions of

SAF_CIT and IFRS/IAS

The implementation date of SAF_CIT reporting is inexorably approaching. One of the important elements is the specificity of solutions for entities preparing financial statements based on International Financial Reporting Standards/International Accounting Standards. According to Article 66 sec. 2 of the Polish Act of 29 October 2021 amending the Personal Income Tax Act, the Corporate Income

  • Published in CIT

The government has adopted a draft act amending the real estate tax

The draft act amending the Agricultural Tax Act, the Local Taxes and Fees Act and the Stamp Duty Act will now be submitted to the Sejm. Clarification of the definition of buildings and structures – the need for changes after the judgment of the Constitutional Tribunal The Ministry informs that the building will be a

Admission to the gym and personal training – VAT rate

Today we would like to describe a practical problem that one of our clients has encountered. It offers gym access and personal training services. What VAT rate should be applied here? According to Art.  Article 41 sec. 2 in connection with Article 146ea sec. 2  of the Polish VAT Act for goods and services listed

  • Published in VAT

Legislation and Practice – September in taxes and business law

We present below a short summary of the most important changes in tax/business law and practice in September. Legislation Practice in taxes Income taxes and transfer pricing VAT International Taxes Other

Transfer pricing deadlines

We would like to remind you of the upcoming deadlines for the preparation of TP (transfer pricing) documentation for the tax year 2023. TP documentation Obliged entities prepare local TP documentation for a controlled transaction of a homogeneous nature with a value above: The local TP documentation (together with benchmarking analyses) should be prepared by

  • Published in CIT

Taxes and flooding

The Genoese Boris low and the associated weather breakdown is ravaging the south of Polish. More and more towns are struggling with floods, destroying the livelihoods of thousands of Poles. In this difficult time for many people, it is worth not being indifferent. Therefore, we encourage you to make donations to non-governmental organizations that work