More about the tag: International Business

This is a page for the tag International Business

Amendment to the Code of Commercial Companies

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Date10 Oct 2023
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On August 22, 2023, the President signed the Act of August 16, 2023, amending the Commercial Companies Code and certain other acts. The Act came into force on September 15, 2023, introducing numerous important changes related to the reorganization of companies, both domestically and internationally. The changes implemented in the...
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Estonian CIT – current legal status 2023

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Date01 Apr 2023
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Estonian CIT is referred in the law as a lump sum on income of capital companies. It is a modern way of taxation that promotes investments and minimizes formalities when settling taxes for capital companies and partnerships. This solution is addressed to: micro, small and medium-sized capital companies and partnerships...
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Nuclear power plants in Poland

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Date12 Nov 2022
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4 gigawatts for 20 billion dollars According to Anna Moskwa, Minister of Climate and Environment, these are the key figures for Poland’s first nuclear power plant. The Polish government has now decided that it will be built using technology from the US power plant supplier Westinghouse. The planned site is...
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Controlled Foreign Corporations (CFC) – more entities

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Date16 Feb 2022
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Tax changes implemented as of January 1, 2022 expanded the catalog of entities qualifying as Controlled Foreign Corporations (CFC), thereby requiring more entities to apply tax rules specific to those entities. The most significant of these changes include: the addition of two new specific entity qualification categories, extension of the...
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