The local minimum income tax payable in 2025 will be calculated for the first time on the basis of the tax results achieved in 2024, and although there is still some time left before this deadline, taxpayers are already checking whether they will be subject to tax on the basis of...

Transfer pricing is essential for both businesses and tax authorities, as it involves setting prices for transactions between related parties, where there may be a risk of under-reporting income in one of the jurisdictions. For this reason, it’s important to ensure these prices are...

How to determine the place of supply of a service? The range of activities subject to VAT includes not only the sale of goods in exchange for consideration but also the  supply of services in exchange for consideration within the country. While  supplying services between Polish taxpayers...

In recent years, Poland has introduced several initiatives to promote environmentally friendly vehicles, including hybrid and electric vehicles. However, the correct classification of a vehicle is crucial to determine whether it qualifies as a hybrid (MHEV, FHEV or PHEV), as this...

The application of R&D relief can be a ‘cure’ for minimum tax. Taxpayers liable to pay minimum income tax can reduce their tax base by the amount of relief applied – including R&D relief. Minimum income tax Minimum income tax is an annual tax, calculated after the end...

The CJEU has once again clarified how to qualify new electromobility-related transactions on the basis of rather general and somewhat old tax rules. Again it was confirmed that the supply of electricity for the purposes of charging an electric vehicle at a charging point forming part...

31 December 2024 is the deadline to fulfil obligations to publish information on the execution of tax strategy for the tax year Deadline We would like to remind you that 31 December 2024 is the deadline for fulfilling the obligations regarding the publishing information on the implemented...

Customs clearance in Poland: the top three risks Being a member of the European Union Poland has to follow the Union Customs Code (UCC), which at the basic level unifies the customs operations across all member states. However, in order to prevent costly penalties for not fulfilling...

Transfer Pricing documentation obligations for 2023 – deadlines are fast approaching! Key deadlines are approaching for: Local transfer pricing documentation (Local File), Transfer pricing information (TPR), Group transfer pricing documentation (Master File). In 2024, these...

This is one of the key tools tax authorities use to verify transactions between related parties. With the TPR form deadline approaching, here’s a reminder of the essentials of transfer pricing reporting: What transfer pricing information is, What data it includes, Who is required...

Support for Polish flood relief efforts: CIT, PIT, and VAT provisions In September 2024 severe floods struck Poland, which have caused significant losses for some businesses. This natural disaster prompted significant relief efforts from other entrepreneurs  and individuals. In response,...

Which transactions are worth reviewing by the end of this year to recover VAT? On 31 December 2024, the time limitations period for VAT settlements from December 2018 to November 2019 will expire. Therefore, it is advisable to verify your documents allowing to reduce output tax or...

Automation of tax processes using artificial intelligence (AI) is becoming increasingly common among businesses as well as tax authorities. Tax authorities are benefiting from the technological revolution From the perspective of tax authorities, AI first and foremost allows for more...

As a rule, the tax year for minimum tax is the calendar year. The legislation also allows taxpayers to amend this period depending on the decision expressed, inter alia, in the company’s articles of association. However, even in this situation, the tax year generally comprises twelve...

On October 4, 2024, the Court of Justice of the European Union (CJEU) delivered a judgment in the Voestalpine Giesserei Linz case (C-475/23), addressing the right to deduct VAT related to the acquisition of a machine provided free of charge to a subcontractor under a tooling agreement....