On 30 September 2020, a draft amendment to the CIT Act has been submitted to the Polish Parliament (the Sejm), which introduces a new system of income taxation for some companies – the so-called Estonian CIT. We wrote about its basic assumptions in the article here and the other one here. The new draft bill […]
Estonian CIT in Poland – draft of the amendment has been published
On 12 August 2020 a draft amendment to the CIT Act introducing a new taxation system, the so-called Estonian CIT model, has been published on the website of the Government Legislation Centre. We wrote about its basic assumptions here. Propose changes may be further modified – the draft is currently under review. Taxpayers will have […]
The government plans to revolutionize CIT in Poland –so-called Estonian CIT to be introduced
The Ministry of Finance plans to implement in 2021 so-called Estonian CIT The main purpose of the planned changes is increase of investments in Poland, since funds reinvested will not be taxed until they are paid out to shareholders. The solution may be used by about 200k companies in Poland. The concept of the new […]