Starting from 2022, the research and development deduction was extended and supplemented by a new solution, called the innovative employee deduction. The research and development tax relief entitles the taxpayer to deduct from the tax base the speific research and development costs. Taxpayers exempt from tax in special economic zone or on the grounds of…
Starting from 2022, taxpayers will be able to benefit from a new tax credit known as the consolidation tax credit or the acquisition tax credit. In a nutshell, it involves the possibility of deducting expenses incurred in connection with acquisition of company shares from the tax base. However, taking advantage of this modest tax credit…
Monika Dziedzic and Paweł Wyciślik of MDDP report on the most significant changes under an amendment to the Polish Corporate Income Tax Act. In January 2023, an amendment to the Polish Corporate Income Tax Act will come into force. Pro-fiscal changes as well as solutions that are favourable for taxpayers will be introduced, making certain…