Tax challenges in the construction sector The construction industry in Poland is facing many challenges – ranging from labor shortages, increasing material costs, through energy efficiency requirements, to tax implications. Such operational and financial hurdles create an increasingly demanding environment, which companies must navigate. One of the major issues present in the construction industry are…
Mandatory e-invoicing in Poland postponed till July 2024 Poland’s Ministry of Finance has approved a phased introduction of mandatory B2B e-invoicing through the National e-Invoice System (KSeF). Initially, in-scope are large enterprises with over PLN 200 million of annual revenue in 2024, followed by the wider taxpayer base from April 1, 2026. Key changes reflected in…
Mandatory e-invoicing in Poland postponed till July 2024 The Polish Ministry of Finance has released a revised draft of the legislation introducing mandatory e-invoicing via the National e-Invoicing System (KSeF). The updated proposal sets new implementation dates: February 1, 2026, for large taxpayers (with annual revenues exceeding PLN 200 million) and April 1, 2026, for…
CJEU issues revolutionary ruling on board members’ joint and several liability On February 27th 2025 the Court of Justice of the European Union issued a landmark judgement that challenges the model of joint and several liability of the management board members. The ruling in case C-277/24 (Adjak) represents a significant shift in corporate governance and…
Share-based incentives in Poland: benefits and key considerations In today’s competitive job market employers are increasingly implementing additional benefits to attract and retain key employees. Among these, incentive schemes that grant employees company shares have gained significant traction. These programmes not only boost employees’ engagement and satisfaction but also align their interests with the company’s…
CJEU extends Polish CIT exemption to self-managed investment funds On February 27, 2025 the CJEU delivered a pivotal judgement in a Polish case, stipulating that the requirement for external management constitutes a breach of EU law. The case concerned self-managed investment funds, which had been unable to benefit from the corporate income tax exemption. The…
New Polish real estate tax regulations take effect from 2025 Together with the beginning of 2025 new real estate tax (RET) regulations enter into force in Poland. The amendment was controversial, although the final changes do not constitute a revolution in the principles of taxation and particularly concern the scope of taxable property. Nonetheless, the…
The due date for Polish minimum CIT is fast approaching Polish minimum corporate income tax (CIT) is a complex issue, which applies to numerous entities with Polish tax residency and domestic tax capital groups. Firms subject to this tax are those which during the given tax year incurred a loss or achieved a profitability ratio…
Sustainability report assurance – general principles The Corporate Sustainability Reporting Directive (CSRD) sets out the requirements concerning sustainability reports and their assurance. According to the directive, it will be a responsibility of the certified auditors. In order to allow the implementation of the provisions into Polish law, some amendments had to be done, primarily to…
Key tax novelties and challenges for businesses in 2025 Year 2025 will bring several significant tax reforms in Poland, starting on January 1. Businesses have to prepare for these changes, along with any additional modifications that might be announced or enacted during the year. Furthermore, 2025 will be the first year requiring the application of…