MDDP on Polish Taxes I Tax on shifted income, including financing costs and taxation of hidden dividends

MDDP on Polish Taxes I Tax on shifted income, including financing costs and taxation of hidden dividends June 8, 2022 at 10:00 a.m. June 08, 2022 | 10:00 a.m.: Register Polish legislator often uses the carrot and stick approach. However, when it comes to financing costs, stick policy prevails. Each and every year, new tax…

MDDP on Polish Taxes I Real estate companies – the reporting deadline is approaching

MDDP on Polish Taxes I Real estate companies – the reporting deadline is approaching June 29, 2022 at 10:00 a.m. June 29, 2022 | 10:00 a.m.: Register The real estate companies and their shareholders are obliged to report their shareholding structures to the tax authorities in Poland.  The provisions are new and give rise to…

MDDP on Polish Taxes I New Polish CIT exemption for foreign investors – so-called Estonian corporate income tax

MDDP on Polish Taxes I New Polish CIT exemption for foreign investors – so-called Estonian corporate income tax June 1, 2022 at 10:00 a.m. June 1, 2022 | 10:00 a.m.: Register Starting from 2021, there is a new tax relief – so called the Estonian CIT – in Polish tax law. The relief allows to…

MDDP on Polish Taxes I Tax allowances and exemptions

MDDP on Polish Taxes I Tax allowances and exemptions May 25, 2022 at 10:00 a.m. May 25, 2022 | 10:00 a.m.: Register In 2022 new and refreshed CIT incentives were introduced. Nowadays taxpayers can benefit from different deductions while developing their business, starting from the concept through test production ending with the promotion focused on…

Taxation of the so-called hybrid mismatch from 1 January 2021

Regulations introducing taxation of the so-called hybrid mismatch will come into force from 1 January 2021. The new regulations are designed to prevent double deduction or a deduction without inclusion (without taxation) arising from transactions or qualifications of entities which are differently treated for the tax purpose in different countries, known as hybrid mismatch. Double…

FORMAL LETTER OF PRACTICE ON ANTI-COVID-19 TAX MEASUREMENTS

The Ministry of Finance issued formal guidance on the application of anti-COVID-19 tax measurements (link) provided in the anti-COVID-19 “shield” in its several versions. On over 100 pages the Ministry comments on over 30 measurements in: income taxes, value-added tax, real estate tax, other areas, including inter alia mandatory disclosure rules, withholding tax, solidarity surcharge,…

THE DEADLINE FOR SUBMITTING AN APPLICATION FOR EXEMPTION FROM ZUS FALLS ON 30TH OF JUNE 2020

Entrepreneurs who want to take advantage of exemption from paying ZUS contributions for March – May 2020 on the basis of the Anti-crisis shield, have time to submit an application till 30th of June 2020. Who is entitled to the exemption? “Small employers” – 100% exemption from contributions Social security contributions payers who ran business:…

WHT: Najpierw pobór, potem zwrot

W odniesieniu do płatności powyżej 2 mln zł płatnik będzie potrącać podatek u źródła według stawki podstawowej. Zastosowanie ulgi lub zwolnienia będzie realizowane później – poprzez odzyskanie zapłaconych kwot.Od początku 2019 roku, wymóg zachowania należytej staranności przy stosowaniu ulg (obniżonych stawek) i zwolnień w podatku u źródła został wprost zawarty w ustawie. Źródło: Rzeczpospolita

Opinia o stosowaniu zwolnienia – duży potencjał i wąski zakres

Od 1 stycznia 2019 r. do ustaw o podatkach dochodowych wprowadzono nowy reżim dotyczący rozliczania podatku u źródła, zgodnie z którym w przypadku wypłat należności przekraczających w roku podatkowym kwotę 2 mln złotych na rzecz tego samego podatnika, naczelna metoda zwolnienia, wyłączenia z opodatkowania lub obniżonej stawki u źródła (ang. relief at source) została zastąpiona mechanizmem obowiązkowego…