OUR TAX BLOG
Polish Deal: changes in transfer pricing regulations
Work is underway on the final version of the Polish Deal package. The proposed legislation has been passed by the Sejm and is now in the Senate to be discussed in session between 27 and
Time to notify change of relevant tax office
15 October 2021 marks the date which for some taxpayers is the deadline for notifying a change of relevant tax office. In accordance with the applicable regulation of the Minister for Finance, Funds and Regional
New definition of Polish-based management
We have reported earlier (see our blog post form August 19th, 2021) on plans to change the definition of Polish-based management board, as originally drafted in the Polish Deal legislative package. In accordance with that
Adjusting your tax return may not be enough to let you avoid liability under Fiscal Penal Code
The "Polish Deal" legislative package now processed in the Sejm includes a proposal to amend the Fiscal Penal Code ("FPC"), specifically its Article 16a providing for leniency for tax offenders who have duly adjusted their
Minimum income tax
The Polish Deal legislative package currently processed in the Sejm includes a proposal to introduce what is called minimum income tax (CIT Act, Article 24ca). The new burden would apply to: corporate taxpayers with full
Recognition of domestic controlled transactions on form TPR
On 31 August 2021 the Director of National Revenue Information ("Authority") issued the private tax ruling, ref. 0111-KDIB1-2.4010.231.2021.2.MS, relating to the recognition on form TPR of domestic controlled transactions that are exempt under Article 11n(1)
