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Structured invoices mandatory from 2024

On 1 December 2022, the Government Legislation Center published a draft act amending the Polish VAT Act regarding the National System of e-Invoices (Pol. KSeF), which is to introduce the obligation to issue structured invoices from 1 January 2024. The publication of the draft act in question begins the second stage of the implementation of

  • Published in VAT

Cash registers – “where are we”?

For several years, we have witnessed a gradual replacement of “old type” cash registers with cash registers with (at least) electronic copies, and ultimately with online cash registers. What is this gradual transformation “on” today? The original plans of the Ministry of Finance were daring – it was said that online cash registers would apply

  • Published in VAT

Foreign webinar and VAT settlement

Internationalization of enterprises, free movement of capital and people in the European Union, direct investments from other countries – these are the reasons that determine that more and more companies operating in Poland acquire training services. They often take the form of webinars provided by foreign entities that do not have their registered office or

  • Published in VAT

Legislation and practice – October in taxes

We present below a short summary of the most important changes in tax law and tax practice in October: Legislation The bill of amendment to the CIT Act and other tax acts was published in the “Journal of Laws” (item 2180). The project assumes, among others postponement and amendment of the “minimum” tax regulations, elimination

VAT taxpayer not conducting business activity and the “White list” (rental)

The “White list”, i.e. the “List of entities registered as VAT taxpayers, unregistered as well as deleted and restored to the VAT register”, started to function in September 2019. On the one hand, it helps to verify contractors, but on the other hand, it was associated with certain definition inaccuracies , especially in the first

  • Published in VAT

“Windfall tax” on energy companies – another proposal

The echoes of the proposal to introduce the so-called “windfall tax” on the excess profits of many entrepreneurs, not only from the energy sector. It caused quite a stir among taxpayers. However, there are indications that this proposal has been dropped. Today, the assumptions for the draft act on emergency measures aimed at limiting the

Legislation and practice – September in taxes

We present below a short summary of the most important changes in tax law and tax practice in September: Legislation the Sejm adopted the bill of amendment to the CIT Act and other tax acts. The project assumes, among others postponement and amendment of the “minimum” tax regulations, elimination of “hidden dividends” or changes in

Non-financial reporting – upcoming challenges

Recent years have brought the development of obligations in the field of non-financial reporting by entrepreneurs. Currently, the issues of broadly understood non-financial reporting in Poland concern mainly the following areas: ESG reporting – taxonomy in the EU; ESG reporting – NFRD and CSRD; ESG reporting – SFDR; tax strategy; the activities of “whistleblowers” in

Counteracting excessive delays in commercial transactions – proposed changes

Yesterday, the Government adopted a draft act amending the act on counteracting excessive delays in commercial transactions and the act on public finances. Now the Sejm will deal with the project. The proposed amendment provides solutions in two main areas: clarifying the provisions and increasing the efficiency of proceedings conducted by the Head of the

Hosting services and the withholding tax

Administrative courts are adamant to the tax authorities in terms of the classification of hosting services – on August 25, 2022, the District Administrative Court in Krakow issued a judgment with reference number I SA/Kr 101/22, in which it agreed with the taxpayer, stating unequivocally that fees for hosting services are not subject to the

  • Published in CIT

Limitation of CIT advances during the tax year

Corporate income tax payers are required to pay monthly advance payments for tax (Article 25 (1) of the CIT Act). Basically, one can pay them as so-called “actual” advances (we calculate the tax on the income earned since the beginning of the tax year minus any advances paid so far or the so-called “simplified” advances

  • Published in CIT

Legislation and practice – August in taxes

We present below a short summary of the most important changes in tax law and tax practice in August: the Council of Ministers adopted and submitted to the Sejm a draft amendment to the CIT Act and other tax acts. The project assumes, among others postponement and amendment of the “minimum” tax regulations, elimination of

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