The provisions referring to bad debt allowances give the possibility to correct the tax basis, and thus in fact the recovery of output VAT paid on invoices left unpaid by the customers. The issuer of the invoice can correct the tax base and the tax due on the supply of...
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by Mike Godfrey, Tax-News.com, Washington 14 February 2013 On February 13, 2013, in a ceremony held at the Polish Ministry of Finance in Warsaw, the United States Ambassador, Stephen Mull, and Poland’s Deputy Finance Minister, Maciej Grabowski, signed a revised double taxation agreement (DTA) between their two countries. The new...
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Dear Ladies and Gentlemen, We would like to invite you to the first Outsourcing exhibition in Poland, Outsourcing Fair – Your business support. This will be two days of business for companies providing outsourcing services to other companies. During the fair, there will be: workshop sessions, panel discussions, presentations from...
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Dear Ladies and Gentlemen, We are very pleased to invite you to a thematic meeting organized by AHK and in cooperation with our business partners. The meeting concerning finance, law & taxes and cultural differences between Polish and German entrepreneurs will take place on the 20th of September 2013 at...
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The Polish government has recently (end of May) passed a resolution prosaically named: “An act on separate measures in order to mitigate the impact of the economic crisis for both employees and business owners aimed at the workplace protection”. The draft law is in fact a remake of the anti-crisis...
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The Senate as the second chamber of the Polish Parliament has agreed to the amendments on the Labor Code adopted in early July by the Polish Parliament (Sejm). This opens the door for the introduction of more flexible working hour arrangements within the companies which stipulate an extension of the...
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Following a newspaper report, the introduction of the EURO in Poland could be delayed by years. As per today there is no 2/3 majority in the Polish parliament for a required change of the Polish constitution (which defines the Polish currency Zloty as the only admissible Polish floating currency). This...
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The Interest Rate Setting Council of the National Bank of Poland (NBP) has cut the prime rate by a further 25 basis points at the beginning of July. The reference prime rate herewith stays on the historical all-time low of 2,5%. While in the past the vague declarations of the...
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For our dear Customers as well as for companies looking for a partner in the scope of accounting, our marketing department has created a tax brochure which briefly presents the most significant tax issues relevant for particular forms of business activity in Poland, as well as the changes that occurred...
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The registered unemployment rate in Poland dropped 13.2 percent in June, according to an estimate from the Ministry of Labor and Social Policy. In May, the jobless rate was 13.5 percent, according to statistics office GUS. Unemployment has been falling for seasonal reasons since it hit a recent peak in...
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