Penalties for failure to comply with transfer pricing obligations
We would like to remind you about the obligation to submit transfer pricing information for the year 2022. The deadline for submitting information for entities whose tax year coincides with the calendar year is January 31, 2024. For other taxpayers, the statutory deadline is the end of the 11th month after the end of the... Read More →
Interpretation regarding the conditions for applying the withholding tax exemption on dividends
We would like to draw your attention to a new and controversial line of interpretation regarding the conditions for applying the withholding tax exemption on dividends paid to parent companies, which can be observed in a series of recent rulings of the Provincial Administrative Court in Lublin (an example of this is the judgment of... Read More →
Position of the State Labour Inspectorate on the New Occupational Health and Safety Regulations
In the provisions of the regulations of the Minister of Family and Social Policy of 18 October 2023, amending the regulation on occupational safety and health at workstations equipped with screen monitors, specific provisions regarding the financing of corrective glasses or contact lenses for employees were not included. In addition, the aforementioned provisions in this... Read More →
Challenges in e-commerce accounting for manufacturing companies entering the market
E-commerce is a rapidly growing industry where an increasing number of entrepreneurs see opportunities for development and expansion. This also includes manufacturing companies, which are looking for new purchasers, either on their own or in cooperation with online shops. Often, these companies choose to base their product sales on the e-commerce market. While this strategy... Read More →
Submission of transfer pricing information for 2022 officially extended
We previously reported on the deadline extension project in this post. We would like to inform you that on November 27, 2023, the Regulation of the Minister of Finance dated November 24, 2023 on extending the deadline for filing TPR information was published. The regulation entered into force on the day following its promulgation. The... Read More →
New draft regulation for the individual tax micro-account
On November 14, 2023, the Ministry of Finance has published a draft regulation on its website, that expands the catalogue of types of receivables that can be paid via tax micro-accounting. According to the information provided by the Ministry of Finance, the draft was prepared to update the list of payments. The draft is currently... Read More →
Minimum income tax from 1 January 2024
From 1 January 2024, minimum rules for corporate income tax will come into force in accordance with Article 24ca of the CIT Act. This tax is intended to tighten the tax system and minimise the tendency to shift income from Polish companies to jurisdictions with a favourable tax regime. The purpose of the minimum tax... Read More →
“Coffee with…” – Maciej Stodolny, Software Engineer at getsix® Services
Work is an important aspect of our lives. Therefore, it’s worth getting to know more about our colleagues in the company, preferably with a cup of good coffee or tea. This time we meet with Maciej Stodolny, who has been a Software Engineer at getsix Services in Poznań for 8 years. Why is what he... Read More →
Withholding a PESEL number
Since 17 November, Polish citizens have the possibility to withhold their PESEL number in the national register. This is intended to prevent the unauthorised use of personal data when taking out loans and to prevent various forms of crime and fraud. Currently, the PESEL number can be secured via the obywatel.gov.pl platform, in the mObywatel... Read More →
The NBP interest rates remain unchanged
During its meeting on November 7-8, 2023, the Monetary Policy Council decided to leave interest rates unchanged. This decision came as a surprise to economists who had anticipated a further cut of 25 basis points, as in October. The President of the National Bank of Poland, Adam Glapiński, emphasized that the possibility of further potential... Read More →
