On the one hand, 2020 was a difficult and unpredictable year and on the other hand, it showed that modern technologies have a significant impact on the activities of many industries. According to the financial reports of listed IT companies, the IT industry, despite the difficult economic situation caused by... Read More →
The financial subsidy received by the taxpayer under the government program for SMEs in connection with combating the effects of the pandemic in Poland is not tax revenue. It concerns the financial support from the Polish Development Fund (PFR) provided under the government’s ‘Anti-Crisis Shield’. This was confirmed by the... Read More →
On 7th October 2020, the Supreme Administrative Court issued a judgment on the company’s activities related to assistance in obtaining loans or credits for subsidiaries. This applies to companies operating within a capital group in which the company is a parent entity (file reference I FSK 2010/17). It follows from... Read More →
Dear Ladies and Gentlemen, With this information we would like to present you with important guidelines for the signing and filing of ‘Annual Financial Statements’ for the National Court Register (hereinafter also referred to as KRS). This will be valid for ‘Financial Statements’ drawn up after 1st October, 2018. At... Read More →
Capital income and its separation from other income of the taxpayer From the 1st January, 2018 within the ‘Corporate Income Tax Act’, taxpayers will be obliged to detach the operating income from the capital income. Subsequently, loss from one source will not decrease income from the other source. The provision... Read More →
getsix® realises that invoice processing and cash-flow management are the lifeblood of any business. But at the same time, it has been generally recognised that manual, paper-based invoice processing has intrinsic problems that can affect your business in critical ways, undermining the efficiency and hampering the flow of information. Outsourced... Read More →
In business, it is common practice for a firm to pass on the costs, it has incurred (on its own behalf) to another firm that makes use of a specific service in practice. This situation, commonly mentioned to as ‘re-invoicing’, can be applied in cases where the parties have another... Read More →
The moment at which the payment of duplicate invoices is made is determined by whether a business has received the original sales invoice and the invoice has been recorded in its accounts. Taxpayers still had doubts when they could deduct VAT from duplicate invoices. There are two possible solutions.
getsix®‘Competence Network’ – A well-co-ordinated cost effective multi-disciplinary service for our clients getsix® recognise the importance of having strategic business partners. With this in mind, we are pleased to circulate this overview created by CRIDO Taxand, Warsaw.