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Changes in National e-Invoicing System (Pol. KSeF)

The Ministry of Finance has published information on the commencement of consultations on the draft legal solutions on mandatory National e-Invoicing System (Pol. KSeF).At the moment, however, the new date of mandatory invoicing under the KSeF is not known.At the same time, as part of the notification, a number of changes were proposed, which are

  • Published in VAT

Legislation and Practice – March in taxes and business law

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

Charging stations – obligations for large entrepreneurs

From 1 January 2025, if a large entrepreneur has more than 20 parking spaces, then it is required to install at least one charging point and channels for electrical wires and cables to enable the installation of charging points for at least 1 in 5 parking spaces. This obligation has been imposed on entrepreneurs in

Chance for additional tax costs – NID

The annual tax return for 2023 is nearing completion. Therefore, this is the last good moment to settle less popular but important tax relief the so-called Notional Interest Deduction. Pursuant to Article 15cb sec. 1 of the Polish CIT Act: “In a company, a tax-deductible cost is also the amount corresponding to the product of

  • Published in CIT

Tax on shifted profits for 2023

It should be reminded that with the upcoming annual settlement, the so-called tax on shifted profits must be settled. What are “shifted profits”? It should be recalled that shifted profits are, in principle, defined costs incurred directly or indirectly for the benefit of a foreign related entity due to: – if the conditions set out

  • Published in CIT

Legislation and Practice – February in taxes and business law

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

  • Published in CIT

Limited partnership and participation exemption

The subject of taxation of a limited partnership and its partners is the subject of many publications. This applies primarily to payments from the company to general partners and limited partners. The latter topic has even become the subject of the general interpretation of the Minister of Finance of 17 December 2021, file reference number

  • Published in CIT

Air conditioning and thermomodernization relief

While winter has probably not given up yet, we are inevitably approaching warmer months. And as a result, in many workplaces, including homes, which become such when working remotely, the topic of installing air conditioning will appear, without which we can imagine office work on hot days less and less often. In such a case,

Submitting report to the Central Statistical Office

Tax declarations and information, scheme reporting, reports to the National Bank of Poland, the Office of Competition and Consumer Protection or the Central Statistical Office. Entrepreneurs are bombarded with various types of reporting obligations. And while the first mentioned seem to be necessary, questions often arise whether it is also necessary to submit reports to

Legislation and Practice – January in taxes and business law

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

CBAM reporting postponed?

January 31 is the deadline for submitting the CBAM report for Q4 2023. It turns out that it is also possible to submit the report after the deadline of 31 January 2024. The European Commission announced in a press release published on its website that from 1 February, a “request delayed submission” function will be

B2B and B2C cash transaction limits in 2024

One of the elements of the Act amending the Personal Income Tax Act, the Corporate Income Tax Act and certain other acts, known as the “Polish Deal”, was the modification of the provisions on cash payment limits. At that time, the B2B payment limit was modified (up to PLN 8,000.00) and the B2C payment limit

  • Published in CIT

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