In 2025, WHT taxpayers will face some changes – among them, we will find new versions of the IFT-2R and CIT-10Z forms, concerning the foreign income of taxpayers earned from January 1, 2024. Comparing the new structure of the forms with the previous version will certainly make it...

Don’t financial transactions disrupt VAT deduction in your company? The correctness of calculating the so-called VAT coefficient is a headache for many accountants. Especially entities that do not perform financial transactions on a daily basis may not even realize that transactions...

According to the presidential memorandum (dated January 20, 2025) directed to the Secretary of the Treasury and the U.S. Permanent Representative to the OECD, the United States is withdrawing from the Global Tax Deal. Therefore, the GloBE system will not apply in the United States....

MDDP provided comprehensive advice to Student Depot on another transaction on the PBSA market Experts from MDDP Michalik Dłuska Dziedzic advised Student Depot on a transaction involving the acquisition of a land property located on Ciołka Street in Warsaw’s Wola district. A new private...

Key Ruling by the Supreme Administrative Court on refund of Excise Tax The Supreme Administrative Court (NSA) issued a judgment on November 25, 2020 (ref. III SA/Gl 493/20) regarding the possibility of refunding overpayment of excise tax by an electricity producer who has passed the...

Until recently, the courts held that when using the exemption under Article 30(1) of the Excise Tax Law, in the case of having a decision to redeem certificates of origin issued after the change in rates (i.e., after January 1, 2019), the lower excise rate of PLN 5/MWh should be applied...

The Act of 6 November 2024 on Top-up Taxation of Constituent Entities of Multinational and Domestic Groups [GloBE Act] introduces a tax regime of minimum taxation of at least 15% of all group entities in one jurisdiction. Under the GloBE Act, constituent entities of domestic and multinational...

Tax changes 2025 The beginning of 2025 ushered in substantial revisions to the Polish tax system. Numerous regulations have taken effect, significantly impacting tax settlements. The key changes are outlined below.   JPK_CIT Effective January 1, 2025, the CIT Act mandates the digitalization...

A number of significant and, in some cases, even revolutionary changes introduced in the tax legislation from 2025 require taxpayers to prepare carefully for their proper implementation. Particular attention is required to review the fixed asset records for real estate tax declarations...

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...

The new Notice of the Minister of Finance on the announcement of the type of base interest rate and margin for transfer pricing (safe harbor for financial transactions) has been published! Conditions for safe harbor in financial transactions The Finance Minister has updated the conditions...

Does a taxpayer retain the right to deduct when input VAT results from services provided by one of the group companies to both the taxpayer seeking to deduct and the other group members? This issue has been resolved by the CJEU in its judgment of December 12th, 2024, ref. C-527/23. Facts The...

Each of us has discovered something different in the box labelled “2024”. A truly unique mix of successes and setbacks, joys and sorrows, hard work and moments of relaxation. As Christmas and the year-end are approaching, we have the chance to pause for a moment and realise...

Many companies aim to strengthen their relationship with with their employees by offering various employee benefits or facilities. One of the increasingly popular option is the opportunity to purchase used equipment at attractive prices, such as computers, laptops or smartphones. While...

The festive period is a time when many employers decide to give Christmas gifts to their employees. However, it is worth bearing in mind that these gifts may have certain tax implications. When is a gift to an employee taxable and when not? What limits are worth bearing in mind and...