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)....

Changes in Polish CIT for 2022 The most important changes in Polish CIT for 2022 are as follows: Easing the conditions for CIT flat taxation (the so-called “Estonian CIT”)  limited partnerships and limited joint-stock partnerships will be eligible to apply the Estonian CIT; repeal...

The reduction of the limit of cash transaction B2B to 8k PLN – tax consequences One of the changes introduced by the Polish Deal from 1st January 2022 is the reduction of transactional limit for cash payments in B2B transactions in the Entrepreneurs Law. The current limit...

New rules for documenting transactions with tax havens – are you prepared? A favourable change for the taxpayers is the proposed simplification under the so-called “Polski Ład” to apply retroactively, i.e. from 1st of January 2021. These changes will include removed...

Year end is the time to fulfill transfer pricing obligations for FY 2020 The deadline for meeting FY 2020 transfer pricing obligations has been extended by 3 months and falls on December 31, 2021. Taxpayers should prepare and report to meet the legal requirements. Failure...

Poland participates in the pilot EU VAT Cross-Border Rulings (CBR) project Ministry of Finance has informed that Poland joined to the voluntary EU VAT CBR pilot project. EU VAT CBR is a new instrument which enables VAT taxpayers to obtain rulings on the VAT treatment of cross-border...

Limits to the application of VAT exemption for the rental of residential real estate for residential purposes On October 8, 2021, the Minister of Finance, Development Funds and Regional Policy issued a general ruling No. PT1.8101.1.2021, in the scope of VAT taxation of renting...

2017 and 2018 Benchmark Analyses becoming no longer valid Since 1 January 2019, all taxpayers obliged to prepare transfer pricing documentation have also been required to prepare dedicated transfer pricing analyses. In principle, benchmark analyses are valid for 3 years from...

Changes in SLIM VAT 2 – an amendment to the VAT Act has been published On September 6, 2021, the Act of August 11, 2021 amending the Act on Value Added Tax and the Banking Act (Journal of Laws of 2021, item 1626), commonly known as SLIM VAT 2 Package, has been published...

Planned simplification of transfer pricing rule The Ministry of Finance has published a proposal of tax solutions related to the “Polish Order” program, including planned changes in the tax law on transfer pricing. The assumptions of the “Polish Order”...

Changes in SAF-T V7 file – amendments to the Regulation of the Minister of Finance has been published On June 30, 2021, the Regulation of the Minister of Finance, Funds and Regional Policy of June 29, 2021 has been published in the Journal of Laws, amending the regulation...

Withholding tax rules regarding payments exceeding PLN 2 million p.a. still not in force Date of entrance into force of withholding tax obligations regarding payments exceeding PLN 2 million p.a. was postponed again. However, according to information from the Ministry of...

Important ruling of the CJEU on VAT and fixed establishment On June 3rd, 2021, the Court of Justice of the European Union (CJEU) issued a further ruling (case C-931/19, Titanium Ltd) on the issue of fixed establishment (FE) for VAT purposes. SUBSTANCE OF THE DECISION The...

New VAT rules for e-commerce Pursuant to EU directives, Poland is obliged to introduce amendments to the VAT Act regarding the so-called VAT e-commerce package as of 1 July 2021. Will we make it? It will turn out at the end of June, as the amendment has not yet been discussed...

Resolution of the SAC: fiscal criminal proceedings launched instrumentally do not suspend the limitation period In its resolution of 24 May 2021 adopted by a bench of seven judges (file reference number I FPS 1/21), the Supreme Administrative Court stated that administrative...