The Supreme Administrative Court makes life easier – allocating the cost of interest on a loan for the purchase of shares

Breaking the prevailing approach of administrative courts, the Supreme Administrative Court (SAC) recently issued a judgment (ref. No II FSK 2627/20), in which it indicated that the costs of interest on a loan for the purchase of shares should be recognized as indirect costs (i.e. costs not directly related to any source of revenues) and […]

Changes in VAT reporting

From July 1, 2021, the amended provisions of the Regulation of the Minister of Finance, Funds, and Regional Policy on the detailed scope of data included in tax declarations and records in the field of VAT were applied. The amendments are in some cases clarifying, while in others are fundamental, introducing new rules for marking […]

A new innovation package for entrepreneurs

A draft of the tax act has been published to introduce a tax relief system for companies in CIT and PIT. The system of reliefs is intended to encourage entrepreneurs to innovations and will include the following elements: research and development relief supporting works on a new product, service, or process; relief for employing innovative […]

Repatriation Program

The Ministry of Finance presented details of the so-called Repatriation Program, which aims at (i) encouraging Polish citizens to return to Poland and (ii) creating favorable conditions for investments and family business in Poland. Below we present the main assumptions of the Program. Relief for return Individuals living and working abroad for at least 3 […]

Begin typing your search term above and press enter to search. Press ESC to cancel.

Back To Top