OUR TAX BLOG
FM’s guidance on VAT e-commerce legislation
On 1 September 2021 the Finance Ministry (FM) issued the guidance document in relation to VAT e-commerce package in force as of 1 July 2021. Currently, the place of supply for an intra-Community distance sale
Changes to draft law introducing the “Polish Deal”
On 8 September 2021 the Finance Ministry presented proposed changes to draft legislation introducing the "Polish Deal". The changes, made on the back of public consultations regarding the initial proposal, will mainly affect the following
Transfer pricing statistics for 2019
Finance Ministry's representatives have published an article with first statistics based on transfer pricing reporting (form TPR) for 2019. The total number of TPR reports filed for 2019 is 16,188 on form TPR-C (corporates) and
FM guidance on equalization relief
The Finance Ministry ("FM") has published Guidance of 10 August 2021 on the equalization relief under Article 27g of the Personal Income Tax Act (Journal of Laws of 2021, item 1128, as amended; the "Guidance").
Transfer Pricing Forum’s draft recommendations in relation to COVID-19
Public consultations have commenced on draft Transfer Pricing Forum Recommendations on the transfer pricing implications of the COVID-19 pandemic for Polish taxpayers ("Recommendations"). The Recommendations are aligned with OECD Guidance on the transfer pricing implications
New definition of place of management
There are plans to make an important amendment to the CIT Act which introduces a new test for having the place of management in Poland. This amendment, which is part of the Polish Deal package
