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. The...

MDDP advised Kajima Europe and Panattoni on the sale of a logistics hub Experts from MDDP Michalik Dłuska Dziedzic i Partnerzy advised Kajima Europe and Panattoni on the transaction for the sale of a logistics hub in Zgorzelec to Arete Investment Group. MDDP’s support included...

In a tax ruling dated 16 September 2024, ref. 0111-KDIB1-2.4010.340.2024.1.BD, it has been ruled that the income of a family foundation from the sale of cryptocurrencies is not exempt from corporate income tax but is taxed at a corporate income tax rate of 25%. Story A family foundation...

The deadlines for meeting transfer pricing obligations for 2023 are fast approaching, especially for taxpayers whose fiscal year aligns with the calendar year: by October 31, local transfer pricing documentation must be prepared. by November 30, transfer pricing information must...

On 5 October, the Act of 1 October 2024 amending the Act on special solutions related to flood recovery and certain other acts [Amendment Act] entered into force. Donations for flood relief with no impact on minimum income tax Newly introduced article 1(25) of the Amendment Act provides...

Partner of ‘Office market. Trends and Outlook’ Conference. We are pleased to announce that MDDP has become a Content Partner of the 15th edition of the ‘Office Market. Trends and Outlook’ Conference. Although new projects have been announced sporadically in recent years, existing...

The Court of Justice of the European Union (CJEU) addressed this issue in its ruling on 4 October 2024, in the case C-171/23 UP Caffe. Factual background The case before the CJEU concerned a Croatian company, UP Caffe, which operates in the hospitality sector and was subject to a...

On Monday 7 October 2024, a draft law amending the Agricultural Tax Act, the Local Taxes and Fees Act and the Stamp Duty Act was submitted to the Council of Ministers for deliberation. It is a proposal for new legislation on several tax laws, developed during extensive public consultations,...