Deadline for submission of information by real estate companies and their partners
We would like to remind you of the upcoming deadline for the obligation to submit certain information regarding real estate companies for 2022 to the competent tax authorities (for most taxpayers, the deadline is 31 March 2023). The entities obliged to submit the information are real estate companies and PIT/CIT taxpayers who hold (directly or... Read More →
Remote working in the basic model vs. occasional remote working
As of 7 April 2023, an amendment to the Labor Code on occasional remote work comes into force, repealing the existing provisions on telework. Remote working in the basic model vs. occasional working Due to the lack of clarification of these issues in the new regulations, employers will have to decide how to apply occasional... Read More →
Industrial production has reached the bottom
Industrial production grew by 2.6 percent in January, as the Central Statistical Office (GUS) reported. Compared to the previous month, December (1.0 percent), this represents a higher growth rate. However, analysts point out that this accelerated growth was generated only by the energy-producing sectors and mining. By contrast, the manufacturing sector slowed from 3.4 percent... Read More →
Despite a massive decline in demand – housing prices are on the rise
After years of boom in the residential real estate market, housing development companies sold only 40,900 new homes in the country’s seven largest cities last year, according to Poland’s largest real estate portal Otodom. This is the lowest annual figure since 2014 and represents a decline of 35 per cent compared to 2021. At 38... Read More →
Gdansk refinery placed under protection
The Polish government has placed the refinery in Gdansk under the special protection of the state control bodies. The company has been placed on the government’s list of companies of strategic importance. The measure was taken in response to the controversy surrounding the sale of part of the refinery to the Saudi Arabian group Saudi... Read More →
Obligation for a company to file a CbC-P notification or CbC-R report
Country-by-Country report (CBC-R) is a reporting mechanism set out in the Act of 9 March 2017 on the exchange of tax information with other countries. Entities belonging to large multinational groups are obliged to report tax information related to that capital group to the National Tax Administration. In order to determine if there is an... Read More →
Changes in labour law at EU level
Changes in labour law EU legislators are constantly working on bringing the working and pay conditions in the Member States in compliance with each other as much as possible. A directive on gender balance on company boards was published in December 2022. In addition, further work is underway on a proposal to close the gender... Read More →
Amendment of the special act on aid to citizens of Ukraine
Changes regarding the legalisation of residence and employment of Ukrainian citizens are getting closer. The President has already signed an amendment to the Law on Assistance to Ukrainian Citizens in Connection with the Armed Conflict on the Territory of Ukraine and Certain Other Laws. The new regulations address the aid to citizens of Ukraine: the... Read More →
Offshore wind energy development plans in Poland
The government’s energy programme aims to build offshore wind farms in the Baltic Sea with a total capacity of more than 15 giga-watts in two development phases by 2040. Seven wind farm projects in the first development phase had already gone through the approval process last year. The first electricity will flow from the offshore... Read More →
Changes regarding the reporting of applicable payment terms for 2022
In connection with the amendment of the Act on Prevention of Excessive payment Delays in Commercial Transactions (as per Journal of Laws of 2022, item 893, as amended), which took place at the end of 2022, we would like to draw your attention to the changes in the provisions regarding the obligation to submit a... Read More →
