The CJEU judgement concerning the three-month deadline for the settlement of input tax in the case of Intra-Community acquisition of goods inconsistent with the VAT Directive has been published

On 10th May, 2021 in the EU Official Journal the CJEU judgement of the inconsistency with the UE law was published concerning the three-month deadline for the settlement of input tax on intra-Community acquisition (judgement of 18th March 2021, C-895/1). This means the beginning of the period for renewal of the ended tax and administrative…

VAT on conversion of perpetual usufruct into a right of ownership. The CJEU judgement, case C-604/19 Gmina Wrocław

On February 25, 2021, the Court of Justice of the European Union issued a judgment in case C-604/19, Gmina Wrocław, regarding VAT on conversion of perpetual usufruct into a right of ownership. The CJEU indicated that the transformation of the right of perpetual usufruct into full immovable property ownership rights provided for by national legislation…

Upcoming deadlines for fulfilling the transfer pricing obligations for 2019 and 2020

In case of taxpayers meeting certain criteria (details below), the first quarter of 2021 may require fulfilling transfer pricing obligations for the tax years 2019 and 2020. The obligations for 2019 for which the deadlines have been extended in accordance with the fourth version of the Anti-Crisis Shield are presented below. Preparation of group transfer…

Interesting changes in taxation for entrepreneurs – decision to be taken by 22. February 2021

From 1st January 2021, most entrepreneurs running a business individually or as partners in a civil/general partnership of individuals may choose a lump-sum as a form of taxation of revenue from business activity. It can be a very attractive  alternative for taxation at progressive tax scale or 19% flat tax rate. Income taxed at lump-sum…

Specific task contracts – new reporting obligationMore transactions require transfer pricing documentation from 1 January 2021

1 January 2021 marks the launch of new regulations in tax law regarding documentation obligations in the field of transfer pricing. These  expand the list of transactions subject to documentation obligations. NEW DOCUMENTATION OBLIGATIONS Main changes in transfer pricing regulations address transactions with entities from countries applying harmful tax competition, the so-called “tax havens”. List…

Specific task contracts – new reporting obligation

From 1st January  2021, social security payers are obliged to inform Social Insurance Institution (ZUS) of the conclusion of a specific task contracts concluded with individuals. ENTITY OBLIGED TO REPORT CONTRACTS Social security payers and individuals ordering a specific task are required to inform ZUS about each specific task contract concluded after 1st January 2021, except…