This is a page for the tag Corporate Income Tax (CIT)
The most significant changes to Polish CIT for 2018
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...
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Portugal – Budget Bill 2018
Conceito our Portuguese amavat® Partner Firm has supplied a document rergarding the ‘Budget Bill 2018’. Click here to view. amavat® provides a one-stop-shop solution for VAT Compliance within Europe. We assist clients with a single point of contact that speaks their language and handles all VAT related issues with a...
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Portugal – Flash Tax Information
Conceito our Portuguese amavat® Partner Firm has supplied a ‘Country-by-Country Report (identification of the reporting entity): Ministerial Order No. 367/2017, of 11th December – Approves the Model 54 and its filing instructions. Click here or below for English or Portuguese version: amavat® provides a one-stop-shop solution for VAT Compliance within...
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Portugal’s ‘Tax Calendar’ for December 2017
Conceito our Portuguese amavat® Partner Firm has put together an English document with generic* information regarding Portugal’s ‘Tax Calendar’ for December 2017. (also available in Portuguese below) Click here for English version | Click here for Portuguese version *might not be applicable to your organisation amavat® provides a one-stop-shop solution...
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Corporate Income Tax (CIT) reduced to 15%
From the beginning of 2017, the Corporate Income Tax (CIT) on companies which are classified as so-called small taxpayers was reduced from 19% to 15%.
Corporate, Income & Sales Tax in Poland are subject to new tax changes
Corporate / Income Tax The regulation related to the obligations of the tax deductible expenses which are unpaid, shall be stopped; Depreciation tax shield in connection with the acquisition of new technologies has been removed (previously, an additional deduction of 50% related to the acquisition of new technologies was possible);...
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The payment of tax liabilities and social insurance contributions
One of the most important obligation of an employer is the payment of tax liabilities and social insurance contributions. The employers have to ensure that the liabilities to the authorities will be paid timely and in the correct amount. In these cases the authorities have no disclosure obligations. Certainly they...
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New regulations on shareholders debt financing
First reading of a governmental bill to amend Corporate Income Tax law passed the Polish parliament on the 7th May, 2014. One of the most relevant amendments affects shareholders debt financing with a new approach to restrict deductibility of interests. So far it is clear that the new law will...
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Business Taxation in Poland (CIT)
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Date22 Mar 2014
New income limits regarding, among others, the status of a small taxpayers
As of 01 January, 2014 new higher income limits regarding, among others, the status of a small taxpayers, which are not obliged to keeping the accounting ledgers. The status of a small taxpayer (PIT, CIT and VAT) shall be kept by companies whose income value from the sale achieved in...
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