Publications

Taxpayers planning to conduct business activities within a special economic zone should take into account that they will not be able to freely defer the moment of applying the exemption, e.g. by the time of deducting tax losses carried forward. According to tax authorities, the regulations clearly indicate the timeframes within which a company operating within a special economic zone is to apply the exemption.

The European Court of Justice will soon respond to the inquiry made by the Polish tax authority, whether cessation of business activity will mean that a taxpayer has to tax fixed assets regardless of the fact when such assets were acquired  (case C-229/15).

Polish taxpayers who have business relations with entities from the Czech Republic should verify more thoroughly (than in the case of  business relations with other countries) whether they will be obliged to pay income tax in the country of their business partner’s registered office.

Determination of a correct VAT rate while letting residential premises may give rise to certain difficulties for taxpayers; depending on the nature and the purpose of such rent, it may be subject to 8% VAT or exempt from it.

Boxes of products, transferred by a company without consideration, containing the same goods as well as boxes with mixed goods constitute samples referred to in Article 7.7 of the VAT Act.

After the expiry of the term of a tax capital group agreement or after the loss of the status of a tax capital group, member entities of such group have the right to deduct losses incurred before the group was created, in the nearest consecutive five years – such confirmation was given by the Director of Fiscal Chamber in Katowice in an individual binding ruling of 13 April 2016, ref. no. IBPB-1-1/4510-49/16/BK.

Starting as of 1 July 2016, the amendment of the Tax Regulations will impose the obligation to send to tax authorities information originated from tax ledgers and accounting records via means of electronic communication or on data carriers as the Uniform Control File (UCF).

Natural persons liable to pay Polish personal income tax (PIT) on all of their income have to file, by the end of April this year, a tax return concerning income earned in 2015.

On the website of the Government Legislation Centre we may find a draft law amending the Tax Regulations and certain other laws, which has been already approved by the Council of Ministers.

Following amendment of the Corporate Income Tax Act, as of 1 January 2014 a limited joint-stock partnership (SKA) became a taxpayer liable to corporate income tax (CIT).