From 2022, CIT (and PIT) taxpayers can benefit from the sales boost tax relief, which entitles to deduct expenses incurred on specific activities aimed at increasing sales of self-made products. It is possible to deduct 200% of the costs – but not more than PLN 1 million in...

MDDP advised on the White Stone Development and Nrep transaction in the PRS market Experts from MDDP Michalik Dłuska Dziedzic i Partnerzy advised on the transaction between White Stone Development and Nrep concerning the latest PRS development in Warsaw’s Bielany district....

Support for rainfall and flood sufferers – VAT, CIT and PIT implications In mid-September, Poland, like some other countries in the region, experienced severe rainfall that led to widespread flooding. In response, the Polish government declared a state of natural disaster....

The sale of alcohol, including wine, between EU countries comes with obligations regarding excise duties and VAT. Currently, the Court of Justice of the European Union (CJEU) is reviewing case C-596/23 (Pohjanri), which could impact business models and pricing policies due to the...

Anna Misiak Executive Board Member of CFE Tax Advisers Europe and Chair of the ‘New Tax Professionals’ Committee On 20 September 2024, the General Assembly of CFE Tax Advisers Europe was held, during which a new Executive Board of the association was elected for the period 2025-2026....

What is Local File documentation? Transfer pricing documentation is a legally required document focused on intra-group transactions. You must prepare the Local File documentation when engaging in controlled transactions with related entities. Typically, it is required when the value...

Admittedly, this is only to apply to property tax returns and will require taxpayers to submit a declaration to the tax authorities, but it is worth appreciating the opportunity provided by the latest draft amendment to the Local Taxes and Fees Act. Why such an opportunity? The circumstance...

The year 2024 has not introduced any major changes to transfer pricing regulations. However, related parties must still carefully comply with documentation and reporting obligations for intra-group transactions made in 2023. The process begins with identifying relationships as defined...

Polish tax authorities’ approach to TP adjustments: hope for change? While conducting intragroup transactions, the application of transfer pricing adjustments is a common practice globally, especially among multinational groups. The guidelines published by OECD stress their main purpose,...

MDDP wins 3 ITR EMEA Tax Awards 2024 MDDP, in its 20th year operating on the tax advisory market, was nominated in 10 categories and won as many as 3 ITR EMEA Tax Awards 2024: Poland Indirect Tax Law Firm of the Year ESG Firm of the Year Impact Deal of the Year ‘WindLight Joint...

The Ministry of Finance, following the example of previous regulations issued during the pandemic and in support of victims of the armed conflict in Ukraine, prepared a regulation introducing a temporary 0% VAT rate for free-of-charge supplies of goods and services aimed at supporting...

Transfer Pricing: who has documentation and reporting obligations?   If: you are a taxable person (subject to corporate income tax or personal income tax), and in 2023, you engaged in transactions with related parties, and the value of these transactions exceeded the statutory thresholds...

Not long ago, we informed about an unfavourable stance of the Director of the National Fiscal Information (KIS) on the rules of taxation of beneficiaries of a foundation established jointly by members of the closest family (e.g. spouses). The Director of KIS has a modified approach...

There is an ongoing wait for the new definitions of building and structure for property tax purposes to come into effect from 2025, which is just a few months away. One group of taxpayers for whom the announced regulations will be relevant are owners of various types of tent structures,...

Aim of the SME package: simplify cross-border VAT settlements Currently, traders doing business in different European Union (EU) countries where they are not established must, in many cases, register for VAT. This requirement involves filing VAT returns in each EU country where VAT...