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Acquisition of rights to a foreign webinar and VAT

The development of digital reality makes it increasingly common for Polish VAT taxpayers to acquire rights to webinars or other materials of a similar nature prepared abroad. This applies to acquisitions from taxpayers based in countries other than Poland – whether located in the EU or outside the EU. What is involved here is a

  • Published in VAT

Changes in VAT and family foundation regulations

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

Intermediary services (agent) are not subject to WHT in Poland

The applicant is a Polish company that plans to enter into an agency agreement with a company in India (agent). The agent will act as an intermediary for the sale of the applicant’s products on the Indian market. His tasks will include representing the company, attending meetings, making offers on behalf of the company, answering

  • Published in CIT

Legislation and practice – March in taxes

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

Notional interest deduction also with the payment of profit from previous years

Polish CIT regulations have provided tax preferences for entities accumulating profits for several years. This instrument is the recognition of the amount of “hypothetical” interest on own financing (notional interest deduction) as tax deductible costs. According to Article 15cb sec. 1 point 2 of the Polish CIT Act the tax deductible cost is also the

  • Published in CIT

Lease agreement and MDR – a never-ending story?

Although some time has passed since the introduction of the MDR regulations, some taxpayers are still surprised to receive information from lessors that: they reported the leasing contract as a standardized tax scheme, therefore they included the concluded agreement in the MDR-4 quarterly reporting, which is why it is the beneficiary who should consider whether

  • Published in MDR

ORD-U and TPR

In principle, entities that prepare and submit TPR information do not have to submit ORD-U declarations. There is an exception to this rule – it applies to taxpayers who make transactions with “tax heaven” entities (Article 11k sec. 2a of the Polish CIT Act). This results from the regulation of Article 82 § 1c of

  • Published in CIT

WHT – an interesting ruling of the Supreme Administrative Court

The portion of the purchase price of the goods identified as payable under the license is subject to WHT. The applicant (company) is a distributor of cosmetics. It purchases goods from a related entity (a foreign establishment of a foreign company). The contract concluded between the applicant and the plant contains a provision according to

  • Published in CIT

Legislation and practice – February in taxes

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,

Partial liability does not create a tax cost

Payment as part of a court settlement with partial liability for defectiveness is a tax non-deductible cost. Such a ruling was made on 22nd February 2023 in the Supreme Administrative Court (file reference number II FSK 1901/20). The applicant was an entrepreneur who performs, among others Industrial floors. As part of one of the contracts,

  • Published in CIT

Tax costs – two important judgments of the Supreme Administrative Court

The cost of amicable termination of the employment contract is a tax cost, and the advisory costs of purchasing shares may be settled within the so-called “operating” costs – these two noteworthy rulings were made on 14th February in the Supreme Administrative Court. Costs of termination of the employment contract (file ref. number II FSK

  • Published in CIT

Legislation and practice – January in taxes

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.

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