Justyna Bauta-Szostak and Bartosz Głowacki of MDDP report on the introduction of family foundations in Poland, and how they will be taxed. On January 26 2023, the lower house of the Polish parliament, the Sejm, passed the Family Foundation Act, which will enter into force in May 2023....

Pursuant to today’s judgment of the CJEU in case C-677/21 Fluvius Antwerpen, unlawful consumption of electricity constitutes a supply of goods for consideration subject to VAT, and a distribution network operator (DSO) charging a fee of compensation on this account acts as a...

MDDP advised Adventum Group on the acquisition of the Wola Retro office complex The fund, which belongs to Adventum Group, has just signed an agreement transferring ownership of the buildings from its current owner, Develia Group. The value of the transaction was €69.3 million. Scope...

Cost optimization-oriented payment management as a controlled transaction Payment management to optimize costs of the payment settlement process using the PoB (payments on behalf) model is a controlled transaction – as stated by the District Administrative Court in Warsaw in...

MDDP in the 17th Ranking of Tax Advisory Firms We are pleased to announce that in the latest Ranking of Tax Advisory Firms of Rzeczpospolita, MDDP advisors became leaders in 5 out of 9 individual categories, including 3 categories in which we debuted in the ranking, and immediately...

Over the last few years, activities related to the charging of electric vehicles have given raise to many interpretative doubts whether they should be classified as a supply of goods or a supply of services on the grounds of VAT. These doubts were finally resolved before the Court...

The introduction of the mandatory KSeF (National e-Invoicing System) will undoubtedly affect all issues related to invoicing, circulation of invoices within organizations or exchange of invoices with contractors. This will also concern self-billing, as invoices issued this way are...

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....

Remitter’s payment of outstanding social and health insurance contributions in the part in which they should be financed by the employee or contractor does not give rise to income for them within the meaning of Article 11(1) of the PIT Act – the Ministry of Finance has published...

Happy Easter! On the occasion of the upcoming Easter holiday, we wish our clients, business partners, employees and friends to appreciate what we have and enjoy it not just during the holiday season; to take a moment to reflect on things that are truly important and reject those that...

Taxing shifted profits – how to tackle the new challenge in Poland The new tax on shifted profits has been implemented via the Polish CIT Act from January 1 2022. Since this tax is settled on annual basis, the upcoming deadline for the annual CIT return would be also the first date...

Comparative analysis, also referred to as benchmarking analysis, is basically a key element of a transfer pricing documentation. Its purpose is to demonstrate that a given controlled transaction was made in accordance with the arm’s length principle. A correctly prepared analysis...

Financial institutions more and more often require guarantees when granting financing to enterprises. Entities belonging to capital groups may use intra-group guarantees as an alternative to guarantees from external financial institutions. It is the easiest and fastest way to obtain...

Bartosz Doroszuk of MDDP offers insights on Poland’s new tax legislation on shifted profits, as the implementation deadline looms nearer. The new tax on shifted profits has been implemented via the Polish CIT Act from January 1 2022. Since this tax is settled on annual basis, the...

Q1 2023 is coming to an end and taxpayers have already familiarized themselves with the changes brought in by the new year in the area of transfer pricing. The key one are shortened documentation and reporting deadlines, but apart from that, a number of seemingly minor changes were...