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...
Please Read More
Corporate Income Tax (CIT) payers and Personal Income Tax (PIT) payers presenting accounts can choose a method of carrying foreign exchange differences referred to in Articles. 9b Paragraph. 1 Point 2 of the Law on CIT and Art. 14b. 2 of the PIT. The adoption of this method is possible...
Please Read More
Based on numerous positive individual tax rulings, it is possible to claim that, under certain conditions, granting employee discounts on the company’s products does not constitute taxable income. What do the rulings concern? According to the tax authorities, as reflected in the tax rulings, in case a discount is granted...
Please Read More
At the meeting of the Technical Committee of the Polish parliament control systems on 09 October, 2013, the draft law amending the law on income tax has been verified (PIT) and corporate income tax (CIT). The original bill proposed that Polish limited partnership and limited partnerships are to be affected...
Please Read More
At the meeting of the council of ministers on August 6, 2013, the Polish government has amended the bill on laws of income tax (PIT) and corporate income tax (CIT) is assumed. The draft stipulates that Polish limited partnership (KG) and limited partnerships are to be applied by shares (KGaA)...
Please Read More
Starting January 1, 2013, there have been some changes in the regulations regarding corporate income tax (CIT), personal income tax (PIT) and VAT (Value Added Tax).
Short information on changes in the Polish accounting regulations. In effect since 01 Jan 2013. We would like draw your attention to the following changes in accounting regulations for 2013: CHANGES IN INVOICING Most significant changes in invoicing include: 1. Contents of an invoice: invoices should be marked “Invoice” instead...
Please Read More