Customs of the future WTO looks dedicated to the idea of customs reform, recognizing jointly all the main current global challenges (the Covid-19 pandemic, the climate crisis, increased geopolitical tensions and threats to global food security) with the term “policrysis”. ___ Download...

Taxpayers actively promoting their own products may, starting from 2022, make more deductions from their tax base. Tax credit for enhanced product sales is a kind of closing bracket for other deductions introduced with regard to taxpayers’ manufacture of their products. This time,...

Starting from 1 January 2022, two tax credits closely linked to the Initial Public Offering (IPO), or, in a nutshell, the stock market debut of a company, have been introduced into income tax laws. The first of the two IPO tax credits is aimed at corporate income tax payers deciding...

The deadline for filing TPR for 2021 with the Head of KAS is looming – 31 December 2022! Do not work on the TPR at the very last minute. Instead, complete it as early as possible. Failure to comply with this obligation can be costly. The prospect of penalties Completing the form hastily...

Starting from 1 January 2022, there a new deduction for the support of sports, culture and higher education and science, commonly referred to as a CSR (corporate social responsibility) tax relief. This is intended to support cultural, sporting and scientific activities more extensively...

Starting from 2022, the research and development deduction was extended and supplemented by a new solution, called the innovative employee deduction.  The research and development tax relief entitles the taxpayer to deduct from the tax base the speific research and development costs....

Starting from 2022, taxpayers will be able to benefit from a new tax credit known as the consolidation tax credit or the acquisition tax credit. In a nutshell, it involves the possibility of deducting expenses incurred in connection with acquisition of company shares from the tax...

9 key Polish corporate income tax changes for 2023 In January 2023, an amendment to the Polish Corporate Income Tax Act will come into force. Pro-fiscal changes as well as solutions that are favourable for taxpayers will be introduced, making certain tax instruments more challenging...

This is the final call to make sure you meet the obligations related to preparing transfer pricing analyses. Due to the Covid-19 pandemic, in 2021, the deadlines for meeting the documentation obligations for 2021 (including TP analysis) have been extended until the end of 2022 for...

From the very beginning of 2023, Poland will allow a group of entities bound by financial, economic and organisational links to be registered as a one taxpayer, i.e. the VAT group. It may be a suitable solution to eliminate output VAT in the intra-group transactions, but the complexity...

MDDP joins forces with ETL GLOBAL, an international network of professional service firms MDDP Michalik Dłuska Dziedzic i Partnerzy, a leading tax advisory company in Poland, joins forces with ETL GLOBAL – a worldwide interdisciplinary network of professional firms. Through close...

Monika Dziedzic and Paweł Wyciślik of MDDP report on the most significant changes under an amendment to the Polish Corporate Income Tax Act. In January 2023, an amendment to the Polish Corporate Income Tax Act will come into force. Pro-fiscal changes as well as solutions that are...

Key changes to the CIT for 2023 Hidden dividend as basis for new tax Repeal of the so-called hidden dividend provisions. These provisions were due to come into effect from 1 January 2023. Minimum income tax Suspension of the entering the minimum income tax until the end of 2023. Changes...

Deadlines for meeting transfer pricing obligations for 2021 are looming. Less than 2 months are left until 31 December. Just like every year, there are quite a lot of formalities to be completed. Those who have not yet prepared documents for 2021: we have summarized the obligations...

From 1 January 2021, specific CIT taxpayers may choose the form of their income taxation: they may settle on general principles (already known) or opt for a new simplified form of taxation, i.e. the lump sum on the income of companies (the so-called Estonian CIT). What is the difference?...