Beginning of a year brings (even more) obligations – ‘to do’ list for transfer pricing in Q1 2022 After a demanding December, some taxpayers will not rest at the beginning of the year. Taxpayers will face these obligations in Q1 2022: CBC-P notification Who? This obligation...

March 31 is the deadline for submitting the statements regarding real estate companies By March 31, 2022[1], real estate companies and their shareholders / partners must file information on: in the case of information provided by real estate companies – entities owning, directly or...

Krajowy System e-Faktur uprości rozliczenia, ale jego wdrożenie będzie ogromnym wyzwaniem, do którego należy zacząć się przygotowywać już teraz – mówi Janina Fornalik, doradca podatkowy, partner w MDDP.

The tax office must determine where and how refugees are to be taxed “Since refugees do not know how yet long they will stay in Poland, it would make sense to suspend or abolish the obligation to collect tax with or without limiting the amount of income at least until the end of 2022”...

New preferences for those helping Ukrainians Until 30 June 2022, donations to refugees and fighters in Ukraine – made through specific organizations – will be subject to 0% VAT. Pursuant to the amended law, the zero rate applies to donations and free benefits to organizations specified...

No special arrangements for those who help Ukraine yet Agnieszka Wnuk, tax advisor and partner at MDDP, talks to Rzeczpospolita about the tax changes to be introduced in the current situation and the solutions available to individuals and companies donating aid to the struggling Ukraine....

Polish tax system is not particularly supportive for war victims “Not all aid for Ukraine is associated with tax incentives. To the contrary, some actions trigger serious doubts. Although taxes are one of the last factors motivating the aid, they cannot be ignored. Especially if the...

MDDP on the faster track of international development in co-operation with Osborne Clarke MDDP’s legal arm joins forces with the global law firm Osborne Clarke For a start, the team will have almost 40 lawyers (including 5 partners); the law firm plans to gradually expand the team...

Depreciation rates may be decreased ex post for years that are not covered by statute of limitations In accordance with the judgment of the Supreme Administrative Court of 3 February 2022 in case II FSK 1413/19 it is admissible to adjust tax depreciation rates for years that are not...

Temporary reduction of VAT rates Among the numerous legislative changes, starting from 1 January 2022 also changes regarding tax and penal fiscal proceeding have entered into force, which may be of significant importance for all taxpayers. Below we provide you with a summary of the...

Beverage bottle deposit system means significant changes for producers of beverages, shop chains, shop owners and us, consumers On 31 January 2022 public consultation was launched for the long-awaited Bill implementing the framework for a bottle deposit system in Poland. This is yet...

Changes in tax and penal fiscal proceeding Among the numerous legislative changes, starting from 1 January 2022 also changes regarding tax and penal fiscal proceeding have entered into force, which may be of significant importance for all taxpayers. Below we provide you with a summary...

Poland: Challenging times ahead for taxpayers The Polish tax system is subject to a wide range of reform impacting both international groups as well as local businesses (known as the ‘Polish Deal’) from January 2022. The adverse changes were attempted to be balanced by new reliefs....

Changes in transfer pricing as of 1 January 2022 Among the numerous legislative changes, starting from 1 January 2022 transfer pricing regulations have also been amended and change formal and documentation obligations. The major changes include: Changes to formal obligations: TP-R...

Most important VAT changes for 2022 As in the previous years, Polish taxpayers have to cope with many tax changes to be introduced in a new year. Although most of them concern income taxes, it should be noted that there are also many changes in VAT (most of them are crucial). The...