7 CHANGES IN VAT: ICS – changes regarding the conditions of application of the 0% VAT rate On July 1 this year amendments to the conditions for applying a 0% VAT rate for intra-Community supply of goods will enter into force. The amendments are aimed at adapting Polish regulations...

Tax residency certificates in times of COVID-19 On 24th June this year provisions aimed to ease the requirements for residence certificates in the withholding tax (WHT) during the coronavirus threat came into force. Art. 31ya, added to the so-called Shield 1.0. by the so-called...

„Tarcza 4.0” public aid – changes to income taxes Since June 24, 2020, the act introducing another public aid package in connection with the pandemic, commonly known as “Tarcza 4.0”, has been in force. Some instruments relate to income taxes. Below are the most...

7 CHANGES IN VAT: Improvements to consignment warehouses The current “covid” situation and problems with the financial liquidity of many taxpayers have caused that the question about the introduction of tools improving tax settlements and processes as well as...

Withholding tax rules regarding payments exceeding PLN 2 million p.a. shall come into force on 01.01.2021 The application of new withholding tax (WHT) rules was divided into 2 steps, but the date of the second step has been again postponed. From 1st January 2019 regulations...

7 CHANGES IN VAT: Changes in import VAT settlements Since the 1st of July 2020, settling VAT in the tax declaration will be available for all VAT taxpayers regardless of the method of customs declaration they use: simplified or standard one. Taxpayers who have their own customs...

7 CHANGES IN VAT: The new matrix of VAT rates Enacting from July 1, the so-called new matrix of VAT rates means a completely new wording of Annexes 3 and 10 to the VAT Act, in which goods and services subject to reduced VAT rates (8% and 5%, respectively) have been indicated....

7 CHANGES IN VAT: Whitelist – favourable changes for taxpayers On 1 July 2020, there are new favourable changes to the regulations on Whitelist of VAT taxpayers. What is important, they are to be applied to the payment of liabilities made from 1 January 2020 (retrospectively)....

The deadline for submitting an application for exemption from ZUS falls on 30th June 2020 Entrepreneurs who want to take advantage of exemption from paying ZUS contributions for March – May 2020 on the basis of the Anti-crisis shield, have time to submit an application...

New deadlines for paying PIT advances and flat-rate income tax On June 1st, 2020, the regulation of the Minister of Finance on the postponement of deadlines for the transfer of income tax advances and a flat-rate income tax by some tax remitters [Regulation] entered into...

Commencement/ Re-commencement of statutory terms in tax proceeding On 24th May 2020, statutory terms will commence or recommence (depending on whether the decision, sentence, summons, etc., were delivered before or after 14 March 2020) in the following proceedings: tax audits, customs...

VAT – still a lot of uncertainty around the concept of a fixed establishment in Poland On 7th May 2020 the Court of Justice of the European Union (hereinafter: “CJEU”) delivered a judgment (reference number C-547/18) regarding a fixed establishment under VAT Regulations (hereinafter:...

With shield or without shield – legal and tax business supporting solutions Dear Sirs, Below we present selected  measures for entrepreneurs from the Polish Anti-Crisis Shield, taking into account amendments introduced by the Shield 2.0 . There are some other intersting...

Impact of a potential crisis on intra-group transactions The current crisis, caused by the COVID-19 epidemic, will undoubtedly have long-term effects. It is highly probable that today’s epidemiological and economic situation will force capital groups to change their...

The impact of COVID-19 pandemic on the situation of the borrowers, lessees and the sellers under factoring agreements The COVID-19 pandemic may have unpredictable consequences on the financial situation of borrowers and the entities benefiting from other forms of financing...