The legislator does not cease to surprise and at the last moment introduced changes to the so-called “The Polish Deal”. The Act introducing the so-called “The Polish Deal” lowered, inter alia, the amount in cash payments in B2B transactions from PLN 15,000 to PLN 8,000 gross value (or the equivalent in a foreign currency) in […]
What has changed in the “Polish New Deal” package in comparison to its initial version?
Please find below our brief summary: CIT/PIT Introduction of so-called minimal tax (amounting to 10% of tax basis) for companies and tax capital groups (i) which incurred operational loss or (ii) in case of which ratio of operational income to operational revenues does not exceed 1%; Decrease from 9% to 4.9% of non-deductible health insurance […]
The Polish New Deal – what about CIT taxpayers?
Please see the most important changes on the grounds of CIT: New reliefs, to include: increase from 150% to 200% of the amount eligible for deduction of qualified costs in R&D Centre (CBR), including those related to obtaining and maintaining a patent, right of protection for a utility model, right from registration of an industrial […]
The Polish New Deal – VAT revolution ahead?
The reform is to come into force in vast majority as of the beginning of next year. What will change in VAT settlements? Introduction of “VAT Group” – possibility of voluntary, joint VAT settlement by several taxpayers constituting the VAT Group: the VAT Group – a group of entities related financially, economically and organizationally, registered […]