One of the more interesting reliefs in the Polish tax system is the so-called housing relief, which allows individuals to ‘save’ on taxes in a situation where they sell a property they own and use the proceeds from this transaction to realize a housing purpose. In practice, however, this relief is associated with a number

Can the tax on civil law transactions (TCLT, sometimes also functioning as stamp duty) be a tax-deductible cost? When formulating the answer to such a question, as is very often the case in taxation, the answer is – it depends. General principles According to Article 15 sec. 1 of the Polish CIT Act, tax-deductible costs

On 10th May 2023, the Carbon Border Adjustment Mechanism (CBAM) Regulation was adopted. This means that as of 1st October 2023, new quarterly reporting obligations await entrepreneurs related to the need to determine the level of emissions associated with the production and transportation of imported products listed in the Regulation, or to determine their origin. 

We present below a short summary of the most important changes in tax law and tax practice in April: Legislation A draft of a new Decree on exempting certain types of vertical agreements from the prohibition of restrictive agreements has been published on the pages of the Government Legislation Center – it is based on

We would like to inform you that during last Friday’s session of the Sejm, significant changes were made to the tax law. A law was passed amending the VAT Law – the so-called “SLIM VAT 3” package. Among other things, the regulations provide for: raising the sales limit for a “small taxpayer” to EUR 2

We present below a short summary of the most important changes in tax law and tax practice in March: Legislation The Decree amending the Decree on tax information was published in the “Journal of Laws” (item 422) – mainly a change in the deadline for submitting ORD-U information from the end of March to the

We present below a short summary of the most important changes in tax law and tax practice in February: Legislation A draft act on state aid in saving for housing purposes was published on the website of the Government Legislation Center. It provides for some support instruments for natural persons, such as a savings bonus,

We present below a short summary of the most important changes in tax law and tax practice in January: Legislation The Decree on the exclusion of the obligation to collect flat-rate corporate income tax (item 2852) was published in the “Journal of Laws” – an updated catalogue, especially with regard to the so-called technical payers.

We would like to present you with a brief summary of the changes in the tax law regulations that will come into force from the beginning of 2023. It is worth analyzing them in terms of their impact on your business. Corporate Income Tax (CIT) The first group of changes results from the amendment adopted