GloBE: The Ministry of Finance has published a list of countries with “qualified” status and determined that the GloBE will be handled by the Tax Office in Bydgoszcz

Corporate tax, INSIGHT, Trochę o CIT

The list of countries that have obtained “qualified” status for GloBE purposes is now known. The Ministry of Finance published an announcement on February 7, 2025, regarding the list of non-Polish jurisdictions that have implemented a qualified income inclusion rule or a qualified domestic minimum top-up tax or meet the requirements for safe harbors for…

How to leverage financial audits to enhance transfer pricing compliance and risk management?

How to leverage financial audits to enhance transfer pricing compliance and risk management?

Transfer pricing

Transactions with related parties can pose significant tax risks. Many taxpayers only identify transfer pricing (TP) issues when preparing documentation and submitting the Transfer Pricing Report (TPR), at which point their ability to implement necessary corrections is limited. A financial audit presents an excellent opportunity to proactively identify risks related to intra-group transactions. As part…

Last days to change the tax form and choose the cash-based PIT in 2025. The deadline is February 20

INSIGHT, Personal Taxes

In a few days, the deadline for submitting important declarations by entrepreneurs will pass. Individuals running sole proprietorships and partners in certain types of partnerships are faced with the decision of choosing the optimal solution, which could result in tax savings throughout 2025. Forms of taxation for incomes generated by entrepreneurs or partners in selected…

Changes in the thermomodernisation tax relief – what has changed since January 2025?

Green Taxation, INSIGHT, Personal Taxes, Trochę o zielonych podatkach

As of January 1, 2025, amendments to the thermomodernisation tax relief have come into effect, which may impact the tax settlements of individuals investing in energy-efficient building improvements. The new regulations eliminate the possibility of deducting certain expenses, such as those related to gas or oil boilers, while expanding the relief to cover new categories…

OECD Issues the Record of Legislation with Qualified Status under the GloBE Rules

Corporate tax, INSIGHT, Trochę o CIT

The Act of 6 November 2024 on the top-up taxation of constituent entities of multinational and domestic groups (GloBE Act) introduces a global minimum tax system (at least 15%) at the jurisdiction level. Under the GloBE Act, entities belonging to multinational and domestic groups – with consolidated revenues exceeding €750 million in at least 2…