Janina Fornalik of MDDP explains recent changes to, and potential problems with, the proposed mandatory e-invoicing system in Poland and why businesses should already be preparing for its implementation. A European Council derogation decision allowed Poland to introduce a mandatory...

Today we are addressing formal conditions to be met only in the case of in minus adjustments. Condition 3: TP adjustment in the books of both transacting parties The taxpayer must have a statement from a related entity or an accounting evidence confirming that the entity made the...

Crowdfunding today is not only a way to raise funds for an expensive medical treatment or support people in a life crisis. Online platforms such as Patronite are popular at present among writers, travelers, online creators or start-ups. It is just about setting up an online fundraising...

Correctly classifying a brokerage transaction has certainly not been intuitive for taxpayers. Making such transactions between related entities adds complexity to the matter. The challenge for the taxpayer is both determining the value of such a transaction and establishing the appropriate...

MDDP supported White Stone with the sale of Celebro Experts of MDDP Michalik Dłuska Dziedzic i Partnerzy advised White Stone Development on the sale of the Celebro office building to Eika Real Estate Fund, represented by Eika Asset Management. Celebro is a modern Class A office building...

In a recent blog entry we wrote that according to the position of the tax authorities, the choice of a simplified form of taxation (the lump sum on the income of companies called Estonian CIT) does not exclude the application of transfer pricing regulations. At the same time, we highlighted...

Simplified import procedure from Ukraine to the EU. How does it work? VAT taxpayers importing goods into the EU can use the simplified import VAT procedure. This is a cashless procedure for paying VAT on imports. Whether you want to import goods into the EU from Ukraine or from another...

In the regulations is lack a definition of a transfer pricing adjustment (TP adjustment). However, it can be concluded based on the Clarifications of the Ministry of Finance that the purpose of a TP adjustment is to adjust (correct, amend) a transfer price to the level in line with...

MDDP on Polish Taxes I How to manage financial transactions – transfer pricing and tax aspects in Poland March 1, 2023 at 10:00 a.m. CET March 1, 2023 at 10:00-11:00 a.m. CET: Register Financial transactions are very common not only in the banking system, but also...

Identifying documentation obligations is a key step in completing the tasks imposed by the transfer pricing regulations. Under the applicable regulations, the concept of a controlled transaction should be interpreted broadly. As a consequence, a number of business activities that...

In connection with the preliminary agreement reached on 14 December 2022 between the European Commission and the European Parliament regarding the Carbon Border Adjustment Mechanism (CBAM), changes were introduced to the draft regulation that extend the scope of goods covered and...

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,...

On 1 February, OECD released a Manual on the Handling of Multilateral Mutual Agreement Procedures and Advance Pricing Arrangements (MoMA). As a reminder, in 2022, OECD Manual on Bilateral APAs was published. MAP and APA are procedures designed to ensure the security of the taxpayer...

In its judgment of 28 December 2022, issued by the Voivodship Administrative Court in Białystok (ref. I SA/Bk 467/22[1]), the court upheld the taxpayer’s complaint and discontinued the tax proceedings. The court found that the tax authorities had instrumentally initiated fiscal-criminal...

MDDP on Polish Taxes I Mandatory e-invoicing in Poland February 8, 2023 at 10:00 a.m. CET February 8, 2023 | 10:00 a.m.: Register The European Commission has approved Poland’s plan for mandatory e-invoicing and from July 1, 2024, structured invoices will already be...