The due date for Polish minimum CIT is fast approaching Polish minimum corporate income tax (CIT) is a complex issue, which applies to numerous entities with Polish tax residency and domestic tax capital groups. Firms subject to this tax are those which during the given tax year incurred...

Sustainability report assurance – general principles The Corporate Sustainability Reporting Directive (CSRD) sets out the requirements concerning sustainability reports and their assurance. According to the directive, it will be a responsibility of the certified auditors. In order...

Key tax novelties and challenges for businesses in 2025 Year 2025 will bring several significant tax reforms in Poland, starting on January 1. Businesses have to prepare for these changes, along with any additional modifications that might be announced or enacted during the year....

Support for Polish flood relief efforts: CIT, PIT, and VAT provisions In September 2024 severe floods struck Poland, which have caused significant losses for some businesses. This natural disaster prompted significant relief efforts from other entrepreneurs  and individuals. In response,...

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,...

Recent developments in Polish tax exemption for foreign investment funds   Piotr Paśko and Tomasz Janik of MDDP say that while application of the tax exemption has historically been challenging, foreign investment vehicles stand to benefit as a more favourable environment appears...

First draft of GloBE implementation act submitted in Poland   Council Directive (EU) 2022/2523 of 15 December 2022 seeks to ensure a global minimum level of taxation for multinational enterprise groups and large-scale domestic groups in the Union. The Polish Ministry of Finance has...

Greater tax certainty for investors in Poland Poland has been an attractive place for foreign direct investment for years. It has become one of the main locations for outsourcing financial functions for corporations around the world. And its location between the East and the West,...

Tax aspects of redevelopment in the real-estate industry   A lack of investment plots in prime locations means that developers are increasingly interested in purchasing developed properties such as old office buildings, commercial or industrial facilities either to demolish or modernise...

Applying the parent–subsidiary exemption in Poland is becoming more difficult Monika Dziedzic and Łukasz Kumkowski consider the dividend taxation exemption for payments made by Polish companies and explain the fulfilment of the beneficial ownership requirement by foreign holding companies...

Guide to Poland’s filing obligations for real estate companies and their shareholders   Polish real estate companies and their shareholders are required to submit the following information by April 2 2024: Real estate companies are mandated to disclose information about entities that...

Tax challenges for international businesses in Poland in 2024 Monika Dziedzic provides insights into the most important tax developments from 2023 that international businesses need to keep in mind for the coming year: Withholding tax revolution; Tax on shifted profits; Minimum local...

Green HR strategies for the modern workplace in Poland: tax and legal insights In today’s fast-changing business world, companies must adapt to the new needs of employees as well as the environment. A key area that is important in the perception of a firm as an attractive, socially...

Tax challenges for renewable-energy sector investors in Poland The constant development of renewable energy in Poland is a fact. This is due to new trends in the energy sector, as well as the needs of the state. Regulations and administration practices regarding new and existing investments...

Guide to the Polish minimum CIT rules to be applied from 2024 Polish minimum corporate income tax (CIT) regulations will come into effect from January 1 2024. This 10% minimum tax will be applicable to companies with Polish tax residency and domestic tax capital groups if, during...