Tax aspects of redevelopment in the real-estate industry

Tax aspects of redevelopment in the real-estate industry   A lack of investment plots in prime locations means that developers are increasingly interested in purchasing developed properties such as old office buildings, commercial or industrial facilities either to demolish or modernise it.   Such redevelopment has recently become a trend, especially among residential developers, as…

Applying the parent–subsidiary exemption in Poland is becoming more difficult

Applying the parent–subsidiary exemption in Poland is becoming more difficult   Monika Dziedzic and Łukasz Kumkowski consider the dividend taxation exemption for payments made by Polish companies and explain the fulfilment of the beneficial ownership requirement by foreign holding companies   To apply a parent–subsidiary exemption, Polish tax authorities require that recipients of dividend payments…

Guide to Poland’s filing obligations for real estate companies and their shareholders

Guide to Poland’s filing obligations for real estate companies and their shareholders   Polish real estate companies and their shareholders are required to submit the following information by April 2 2024: Real estate companies are mandated to disclose information about entities that directly or indirectly hold shares or similar rights in that real estate company,…

Guide to the initial phase of the CBAM

Guide to the initial phase of the CBAM With the first reports under the carbon border adjustment mechanism due at the end of January 2024, Agnieszka Kisielewska of MDDP explains the criteria for its application and the reporting obligations for affected importers. The carbon border adjustment mechanism (CBAM) starts with its transitional phase from October…

Tax challenges for international businesses in Poland in 2024

Tax challenges for international businesses in Poland in 2024 Monika Dziedzic provides insights into the most important tax developments from 2023 that international businesses need to keep in mind for the coming year: Withholding tax revolution; Tax on shifted profits; Minimum local corporate profits tax; Mandatory electronic invoices; GloBE – pillar two; Single-use product fees/plastic…