The Polish Act on Compensatory Taxation of Constituent Entities of International and Domestic Groups (the “Act”) has been in force since the new year. As we have indicated in previous materials, the Act implements the provisions of the so-called GLoBE Directive, i.e. m.in. regulations on the minimum 15% global equalization tax, the so-called Pillar 2,

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

The year 2024 is the first year for which the Polish (domestic) minimum tax will have to be settled. Therefore, since its settlement is approaching, it is worth explaining the methodology of calculating the tax (Article 24ca of the CIT Act). First of all, it should be checked whether the taxpayer is not on the

More and more taxpayers are implementing the storage of invoices only in electronic form. What do tax regulations say about this? VAT According to Article 106m sec. 1 of the Polish VAT Act: “The taxpayer shall determine the method of ensuring the authenticity of origin, integrity of content and legibility of the invoice.” On the

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

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

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

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

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

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