The consolidation tax relief, introduced as part of the Polish Deal, is intended to facilitate the development and international expansion of companies. It allows expenses incurred in connection with a transaction for the acquisition of shares in a company (up to a maximum of PLN 250,000) to be deducted from the tax base.
Who can use the tax relief?
The tax relief is addressed to CIT payers whose main object of activity is the same as the object of activity of the acquired company or whose activity may be considered as supporting the taxpayer’s activity.
This activity must have been carried out by the taxpayer and the acquired company for at least 24 months.
What expenses can be deducted?
The consolidation tax relief entitles the taxable person to deduct expenses incurred for, among other things, the legal services of the transaction, the valuation of the shares, the preparation of merger plans, the audit of the acquired company or taxes and public fees in Poland and abroad.
How can we help you?
We will verify whether the costs incurred in acquiring shares in a company are eligible for the consolidation tax relief.
We will prepare simulations and calculations of savings resulting from the tax relief.
We will support you in the proper documentation of costs.
We will help you claim the tax relief and verify the correctness of its use.
We will apply for an advance tax ruling in order to clarify any doubts.
Feel free to contact us
Monika Dziedzic
Partner | Tax adviser | Legal adviserE: monika.dziedzic@mddp.plT: (+48) (22) 322 68 90
Bartosz Głowacki
Partner | Tax adviserE: bartosz.glowacki@mddp.plT: (+48) 603 980 382
Konrad Medoliński
Senior Manager | Tax adviser E: Konrad.Medolinski@mddp.pl T: (+48) 504 666 447
Dariusz Fistek
Manager | Tax adviser E: dariusz.fistek@mddp.pl T: (+48) 696 273 865