Poland: CIT exemption for companies attracts foreign investors While the tax burdens for companies paying taxes in regular way and sole entrepreneurs are getting higher, Estonian CIT allows to get the public duties burden to the level of 18%–25%; and this is the effective rate, including CIT, personal income tax (PIT) and social securities. If…
The tax office must determine where and how refugees are to be taxed
New preferences for those helping Ukrainians
No special arrangements for those who help Ukraine yet Agnieszka Wnuk, tax advisor and partner at MDDP, talks to Rzeczpospolita about the tax changes to be introduced in the current situation and the solutions available to individuals and companies donating aid to the struggling Ukraine. #MORE in the interview in Rzeczpospolita.
Polish tax system is not particularly supportive for war victims “Not all aid for Ukraine is associated with tax incentives. To the contrary, some actions trigger serious doubts. Although taxes are one of the last factors motivating the aid, they cannot be ignored. Especially if the aid is provided by an entrepreneur who must account…
Poland: Challenging times ahead for taxpayers The Polish tax system is subject to a wide range of reform impacting both international groups as well as local businesses (known as the ‘Polish Deal’) from January 2022. The adverse changes were attempted to be balanced by new reliefs. All should be prepared for new procedures, calculations and…
Tax changes for investors in Poland real estate A comprehensive package of tax changes in Poland (so called ‘Polish Deal’) comes into force on January 1 2022 (with some exceptions to be introduced as of 2023). Some of the changes will particularly affect the real estate industry. #MORE on this topic you can read on…
Green taxes The EU wants to achieve climate neutrality by 2050. At the 2021 Green Taxation Event with Paolo Gentiloni, EU Commissioner for Economic and Financial Affairs, the EU indicated that it wants tax changes to support climate protection. What are green taxes? These form a whole system of public statutory obligations that burden activities…
A closer look at Estonian CIT in Poland The ‘Polish Deal’ is a complex, and probably the hugest, tax reform in Poland seen for years. It has brought significant changes to the so-called Polish ‘Estonian CIT’ – a new form of taxation introduced to Polish tax law in 2021. #MORE on this topic Media: International…
Poland looks ahead to new tax incentives From 2022 new tax incentives will come into force in both Polish corporate and personal income tax. There are also some adjustments to existing incentives to make the incentives more interesting or more efficient. #MORE on this topic you can read on Bartosz Głowacki article in International Tax…