How to pay 5% income tax in Poland under the IP box regime? You need to know how to calculate the Nexus index!Continue reading
Category Archives: CIT
Can a programmer take advantage of IP Box in Poland?
How to apply 5% PIT rate if you are a programmer in Poland? What are the rules of IP Box for programmers in Poland?Continue reading
Poland: Tax clarification on the new WHT rules!
Read about the five most important issues raised by the Ministry of Finance in the draft clarifications on the new withholding tax regulations (WHT)!Continue reading
Can withholding tax be a tax-deductible cost in Poland?
The payment of remuneration to a foreign counterparty may result in an obligation to deduct the WHT (withholding tax) from the remuneration due. Often, a contract concluded with a foreign entity contains a so-called gross-up clause. In such case, the withholding tax deducted does not influence the amount of remuneration remitted, and the amount of withholding tax is actually borne by the Polish business operator. The question arises whether the withholding tax can be a tax-deductible cost.Continue reading
Commercial property tax in Poland – new rules from 2019
The rules of taxation of so-called commercial properties, or buildings for rent or for use under another similar contract (e.g. a lease) in Poland, have changed significantly since 1 January 2019. The scope of the tax has changed to a large degree. It covers a considerably wider circle of property owners than before due to the fact of covering all buildings, regardless of their nature, whenever their value exceeds the statutory minimum amount.Continue reading
What is the safe interest rate on a shareholder loan?
One of the changes in taxes from 2019 is the introduction of “safe” interest on loans granted by related entities. If the loan meets certain conditions, the tax authorities will not question the accepted settlement rules. What are the conditions and what is the “safe” interest rate on the shareholder loan?Continue reading
TRANSFER PRICING DOCUMENTATION FOR 2019 IN POLAND
The transfer pricing documentation for 2019 will look slightly different than the one for 2018. What is the difference? Who needs to make a benchmarking analysis and what is a safe harbour at transfer pricing!Continue reading
The Polish Strategy for Capital Markets Development – tax issues
The Ministry of Finance announced a draft of the Polish Capital Market Development Strategy last week. The document has many interesting aspects but I will focus on the most interesting from the tax advisor perspective (especially the crypto tax advisor).Continue reading
WHAT IS A WITHHOLDING TAX? AND WHAT DOES IT LOOK LIKE IN POLAND?
Entrepreneurs who cooperate with foreign counterparties may be required to deduct withholding tax/WHT in Poland. It is not easy to determine when such a tax should be deducted. Especially since the rules are going to change as of 2019!Continue reading
NEW WITHHOLDING TAX RULES IN POLAND
2019 will be another year of significant changes in taxes. Some of them will also apply to the withholding tax. The obligation to exercise due care or the obligation to withhold tax despite being in possession of a residency certificate are just some of the changes we will have to deal with.Continue reading