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This is a page for the tag Tax
New obligations concerning information on transfer pricing and a statement on preparation of local transfer pricing documentation in Poland
According to Polish law, under certain circumstances, two types of information on transfer pricing are required to be submitted independently of each other: Information on transfer pricing submitted to the Head of the National Revenue Administration; Statement on preparation of local transfer pricing documentation. Information on transfer pricing The entities... Read More →
Important tax changes, including: Corporate Income Tax (CIT) for limited partnerships, introduction of the so-called Estonian CIT – from 1st January 2021
The Polish President has signed two amendments to income tax laws adopted by the Sejm, which provide, amongst others, for the CIT treatment of limited partnerships and introduction of the so-called Estonian CIT. The amendments will enter into force on 1st January 2021. Important: The new taxation laws for limited... Read More →
A subsidy from the PFR does not constitute tax revenue
The financial subsidy received by the taxpayer under the government program for SMEs in connection with combating the effects of the pandemic in Poland is not tax revenue. It concerns the financial support from the Polish Development Fund (PFR) provided under the government’s ‘Anti-Crisis Shield’. This was confirmed by the... Read More →
Financing for Polish subsidiaries as an ancillary transaction
On 7th October 2020, the Supreme Administrative Court issued a judgment on the company’s activities related to assistance in obtaining loans or credits for subsidiaries. This applies to companies operating within a capital group in which the company is a parent entity (file reference I FSK 2010/17). It follows from... Read More →
“Invest in Poland” – Your Guide to Success
Here is your getsix® 2020 Tax Brochure! This brochure really has two objectives – it can be a guide for your existing business in Poland giving you an excellent overview to possibly help with decisions or queries, and of course, which is no surprise, you might be considering a business... Read More →
Mr. Claus Frank attends ‘2020 HLB Middle East Meeting’ in Dubai
getsix® partner and founding partner of amavat® Mr. Claus Frank would like to extend his thanks to the host firm HLB HAMT Chartered Accountants, specifically Mr. Vijayan Vigil for looking after him at the recent HLB International Middle East Regional Meeting in Dubai, United Arab Emirates. Claus was invited to... Read More →
Monika Martynkiewicz-Frank attends the prestigious ‘Kongres Firm Rodzinnych’ event
On the 3rd March, 2020 our getsix® partner Mrs. Monika Martynkiewicz-Frank attended and was on one of the panels at the prestigious event called Kongres Firm Rodzinnych (Congress_of_Family_Companies) at the Haston City Hotel, Wrocław. This event addressed entrepreneurs running a family business, future successors and employees of these companies. The... Read More →
Payment by the parent company of the liabilities of its subsidiary cannot be regarded as a tax deductible cost
Important interpretation of the rules Entrepreneurs are obliged to make or accept company payments through their own bank accounts, when the one-time transaction value exceeds PLN 15,000.00. Failure to comply with this obligation removes the possibility for this payment to be taxable deductible for this transaction, which was made without... Read More →
amavat | Features
Should you expand your business within Europe – 3 reasons why There are limited growth opportunities in each market place, so you might be wondering how can you scale your business even more? Can I generate more sales and grow my online business? Why should you expand within Europe and... Read More →
amavat | VAT Focus
EU eCommerce from a VAT perspective Online sellers have a great opportunity expanding their eCommerce into and across Europe. Your business can reach millions of additional new customers, adding to and diversifying your revenue streams. eShoppers are now looking for products or goods offered not only in their own country... Read More →
