Inheritance and donation tax – new tax free limits as of July 1, 2023 As of July 1, 2023, the inheritance and donations tax-free amounts [idt][1] for each tax group will increase. At the same time, the controversial “charitable collections tax”, which was also due to apply from July, has been removed from the regulations.…
Repeal of the state of epidemic emergency – tax implications On 1 July 2023, the state of epidemic emergency will be repealed in Poland. This follows from the Regulation of the Minister of Health of 14 June 2023 on the repeal of the state of epidemic emergency within the territory of the Republic of Poland…
Slim VAT 3 – what changes await taxpayers from 1 July 2023? The amendment to the VAT Act [i.e., the Act of 26 May 2023 amending the VAT Act and certain other acts (Journal of Laws of 2023, item 1059)] commonly referred to as the SLIM VAT 3 package has been published in the Journal…
Doubts over TP statement dispelled! No possibility to submit a TP statement – announcement The Ministry of Finance has indicated in today’s announcement that until the new versions of the TPR-C and TPR-P forms are published, the applicable template for the TPR Information filed for 2022 is the last applicable template. However, a section regarding…
Resuming reporting of domestic tax schemes During the May holidays on May 2, 2023, the Ministry of Health published a draft regulation according to which the state of epidemic threat will be cancelled on July 1 of this year. From this day on, the suspension of deadlines for reporting domestic tax arrangements will also be…
New rules for appealing against the decisions of tax authorities in force from July 1, 2023 From July 1, 2023, significant changes will come into force regarding the rules for lodging appeals against the decisions of the first instance issued by the Heads of Tax and Customs Offices. Appeals against such decisions will be submitted…
The deadline for ORD-U (information on contracts concluded with non-residents) is moved to end of 11th month following the end of tax year The Finance Minister’s Decree of March 6, 2023 (Journal of Laws 2023, item 422) amended the the Finance Minister’s Decree of December 24, 2002- on tax information. According to the new wording,…
Change of the form of business activity taxation Natural persons earning income from business activity – as sole proprietors, as well as partners in some partnerships – should consider the effectiveness of the current form of taxation in the context of its change for 2023. Exceptionally, for some entrepreneurs, it will also be possible to…
31 January 2023 the reconciling WHOSC statement is due Withholding tax remitters who in 2022 made payments to the same taxpayer after filing the first WH-OSC statement without deduction of withholding tax or with deduction at a reduced rate, are required to file the reconciling statement until the last day of the month following the…
VAT rates and selected changes in excise duty rates in 2023 Please be advised that legal acts indicating which goods and services will still be subject to reduced VAT rates in 2023 have recently been published. The changes also applies to excise duty rates and exemptions from excise tax on natural gas and electricity supplies.…