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The “Active Parent” Act – new benefits for parents
On June 12th, 2024, the Act on Supporting Parents in Professional Activity and Child Rearing, commonly known as the “Active Parent” Act, was published in the Journal of Laws of the Republic of Poland. This act introduces a series of systemic solutions aimed at helping parents balance professional and family...
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Directive DAC7 – obligations from 1 July 2024
We would like to remind you that as of 1 July 2024, the provisions of European Union Directive No. 2021/1194 of 7 July 2021 (hereinafter “DAC7”) have come into force in Poland. These impose new reporting obligations on operators of digital platforms through which goods and services are offered. On...
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The Whistleblower Protection Act – new responsibilities for employers
On June 24, 2024, the Whistleblower Protection Act was published in the Journal of Laws, aligning Polish legislation with Directive (EU) 2019/1937 of the European Parliament and Council dated October 23rd, 2019, concerning the protection of individuals reporting breaches of EU law. Legislative background Directive (EU) 2019/1937 The European Parliament...
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Draft law on Cryptocurrencies: Supervision, penalties and many changes
The Ministry of Finance’s Cryptocurrency law will, among other things, prohibit the offer of all virtual assets without a permit. The supervision of the market will be carried out by the Polish Financial Supervision Authority (KNF), which will have the power to impose severe penalties on companies or individuals that...
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Amendment to the Accounting Act signed by the President
On April 16, 2024, the President signed an amendment to the Accounting Act, which requires large companies to break down information on income tax paid and other data by country. The amendment aims to align Polish regulations with the EU Directive 2021/2101 of the European Parliament and the Council of...
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WHT relief for holding companies: How and when can they be applied?
Preferential rules for taxing dividends and other income of holding companies in Poland and in the European Union are intended to support holding activities and avoid double taxation. In practice however, it is becoming increasingly difficult to benefit from WHT relief for holding companies in Poland. Why and when can...
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Law signed by the President – KSeF postponed to February 1, 2026
On June 5, the president signed an amendment to the VAT Act, which postpones the mandatory implementation of the National System of e-Invoices (KSeF) to February 1, 2026. This means that until that date, the rules for issuing invoices will remain unchanged. The law of May 9, 2024, amending the...
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The FASTER Directive is approaching: Major changes to the Settlement of Withholding Tax (WHT)
The FASTER Directive on Withholding Tax (WHT) The European Union aims to simplify and speed up the procedures related to withholding tax relief in order to increase the efficiency of EU capital markets. The new initiative provides for the introduction of two mechanisms: withholding tax relief and a quick refund...
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ViDA Package: New tax solutions for the digital economy
To address the challenges of the rapidly developing digital economy, the European Union has proposed the “VAT in the Digital Age” (ViDA) package. The goal of these changes is to modernize VAT collection methods, making them effective for both traditional and digital business models. During the May meeting of the...
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Amendment to the Act on the National Revenue Administration and Certain Other Acts
On March 12th, 2024, the Council of Ministers adopted a draft amendment to the Act on the National Revenue Administration and other acts, presented by the Minister of Finance. The new regulations introduce significant changes aimed at aligning Polish law with EU regulations and strengthening control over the flow of...
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