Publications

Passenger cars rented in another Member State and used for the purpose of business activity on the territory of Poland are subject to excise tax. The tax obligation arises regardless of duration of the movement of the car. Such position has

The Ministry of Finance doesn’t allow the tax payers a moment of rest. The works on tax documentations in a new version (after the amendments which entered into force on 1 January 2018) are still ongoing in many entities, and now it is advisable to prepare for other big changes regarding the obligation of preparing tax documentation.

On 10 July 2018, the Supreme Administrative Court gave a judgment in the case of lump-sum revenue from using company cars for private purposes. The Court found that the lump-sum amount of revenue includes also fuel costs (judgment of the Supreme Administrative Court ref. no. II FSK 1185/16). Bearing in mind the above judgment, in the case of employees using a company car for private purposes, revenue should be recognised only in the amount as referred to in the Personal Income Tax Act.

Not 344 like so far, but 728! This is the number of articles in the new Tax Ordinance, according to the draft that was recently published on webpages of Government Legislation Centre. As it was highlighted in the justification, the Act applicable since 1997 does not comply any more with the requirements set for such legal acts, which is why it should be changed.

IFRS 16, new regulations of the International Financial Reporting Standards for leases, will become effective as of January 2019. Consequently, operating leases will be no longer recognised off-balance-sheet by lessees applying IAS/IFRS.