On January 1, 2017, new regulations came into force that impose additional reporting obligations on companies. Specifically, they introduce documentation requirements on transactions between related entities. These amendments to the Corporate Income Tax Act (further: CIT) incorporate the regulations developed by the European Union and the OECD. Czytaj dalej
On August 9, 2017, the Director of the National Tax Information issued an individual interpretation (case no: 0114-KDIP2-3.4010.166.2017.1.PS) regarding the CIT treatment of the remuneration received by a taxpayer (shareholder) with respect to a reduction in the taxpayer’s capital investment in a subsidiary.
Poland 2018 : Voluntary VAT Split Payment
On August 1, 2017, the Ministry of Finance (MF) published an update to the draft amendment to the Value-Added Tax (VAT) and to other relevant Acts, in particular the Banking Law of 29 August 1997.
Implementation of the ATAD in Poland: Reform of the CIT Act, PIT Act, and the Lump-sum Income Tax Act.
On July 12, 2017, The Ministry of Finance (MF) published a draft amendment (a draft bill on the amendment of the Personal Income Tax Act, the Corporate Income Tax Act, and the Act on Lump-sum Income Tax on Certain Revenues Earned by Individuals) to the tax laws that aims to increase the state budget by expanding business-related taxation.
On June 12, 2017, the Ministry of Finance (MF) warned against the use of aggressive tax optimization schemes that exploit foreign entities. In this scheme, a Polish taxpayer would acquire shares in a foreign company through which it would then tax its Polish business activity.