Poland: Covid – 19 – tax shield package March 23, 2020 – important information for the real estate sector Dear Sirs, Below we present the most important proposals of the Ministry of Finance included in the anti-crisis shield package. The draft bill was published on March...

Coronavirsu in Poland – MDDP anti-crisis team Considering the exceptional situation caused by the coronavirus epidemic and the need to face completely new challenges for the entrepreneurs in Poland , MDDP  appointed a team of experts to help in all areas of MDDP Clients...

Poland: Covid-19 – shielding package – proporsals for employers The Summary of government proposals for employers included in the assumptions of the shielding package addressed to entrepreneurs who have fallen into economic difficulties due to the COVID-19 epidemic....

Poland: Covid-19 – tax shield package proposal During the press conference on 18 March 2020, Polish Government proposed an anti-crisis package with the following headlines: payment of social security will be deferred (at present relevant individual application is...

Deferment of the tax payment, payment in installments, flat rate CIT installments Due to coronavirus the taxpayers (and tax remitters) may have problems to pay tax on time even before the anti-crisis law is enacted. It is worth to remember that there are some general solutions...

Epidemic emergency in Poland – important informations for employers On March 13th 2020, an epidemic emergency was introduced in Poland. Until further notice, road border traffic was suspended at border crossing points and restrictions were imposed on persons who may...

Brexit with a deal – it’s today Long lasting negotiations between Great Britain and European Union concerning Brexit agreement were ended by the historic voting in European Parliament on Wednesday, 29th January 2020. MEPs approved UK-EU treaty, which means that...

“Small ZUS Plus” for entrepreneurs As of February 1, 2020, a revised option so-called “Small ZUS Plus” will become effective. New regulations will extend number of the entrepreneurs entitled to pay reduced social security contributions and will change the rules for determining...

Pro-health levies called “sugar tax” “Chronic non-communicable diseases, including diabetes and obesity, pose a serious public health challenge.” – it is hard to disagree with this statement of the Minister of Health. However, attention should be paid to fiscal measures...

Withholding tax will not change until 30 June 2020 On 30 December 2019, the Journal of Laws of the Republic of Poland published the Regulation (Regulation) amending the Regulation of 31 December 2018 on the exception or limitation of the withholding tax regulations. Regulations...

Taxpayers have more time for the submission of the CBC-P notification for 2019 In accordance with the Act On Exchange of Tax Information with Other Countries [the Act], entities being part of international capital groups, whose consolidated revenues exceeded in the previous...

The Central Register of Ultimate Beneficial Owners On October 13, 2019 Poland will launch the Central Register of Ultimate Beneficial Owners [The Register] (in Polish Centralny Rejestr Beneficjentów Rzeczywistych – CRBR), thereby implementing the Directive of the...

Brexit is coming – good to be AEO The 31st of October is the Brexit Day according to the current schedule. Great Britain prepares itself intensively for the hard Brexit, which is leaving the European Union without a deal. The European Union offers economic operators to obtain...

17% PIT and higher tax deductible costs as of October 1, 2019 An amendment to the PIT Act, adopted by the Sejm on August 30, 2019, currently awaiting the signature of the President of the Republic of Poland, assumes a reduction of the lowest tax rate from 18% to 17% and higher...

Poland – withholding tax 2019 – pay and refund for payments exceeding PLN 2mln (0,46 mln Euro) per year postponed again! On July 1st, 2019, the revised rules for collecting withholding tax [WHT] on payments (including dividends, interest, royalties, intangible services)...