Polish WHT reform 2021 According to Polish Ministry of Finance (MF), Polish withholding tax (WHT) regime in force from 2019 (but still not applicable based on speciifc regulations issued by MF) will be changed starting from 2021. MF announced during the meeting with business...

Formal letter of practice on ANTI-COVID-19 tax measurements The Ministry of Finance issued formal guidance on the application of anti-COVID-19 tax measurements (link) provided in the anti-COVID-19 “shield” in its several versions. On over 100 pages the Ministry comments on...

Amendment to the MDR regulation As of 1 July, the following changes to the rules for reporting tax arrangements shall apply. Re-reporting of cross-border tax arrangements implemented from 26 June 2018 to 30 June 2020  As of 1 July 2020, the numbers of tax schemes (NTS) assigned...

7 CHANGES IN VAT: The 0% VAT rate in ICS – to change (current practice) or not to change? We are completing the series presenting the 7 changes in VAT regulations which from 1 July 2020 may affect taxpayers’ settlements with a  change that is non-existent and...

Extended deadlines for meeting transfer pricing obligations for FY2019 The fourth version of Polish anti-crisis shield introduces extended FY2019 deadlines for reporting transfer pricing obligations. Nowo ustalone terminy dotyczą obowiązku: filing information on transfer pricing,...

7 CHANGES IN VAT: Changes in the settlement of chain transactions On 1 July this year, the changes concerning the settlement of chain transactions will come into force. The changes are aimed at implementing into the Polish legal system the provisions of the amended Council...

7 CHANGES IN VAT: ICS – changes regarding the conditions of application of the 0% VAT rate On July 1 this year amendments to the conditions for applying a 0% VAT rate for intra-Community supply of goods will enter into force. The amendments are aimed at adapting Polish regulations...

Tax residency certificates in times of COVID-19 On 24th June this year provisions aimed to ease the requirements for residence certificates in the withholding tax (WHT) during the coronavirus threat came into force. Art. 31ya, added to the so-called Shield 1.0. by the so-called...

„Tarcza 4.0” public aid – changes to income taxes Since June 24, 2020, the act introducing another public aid package in connection with the pandemic, commonly known as “Tarcza 4.0”, has been in force. Some instruments relate to income taxes. Below are the most...

7 CHANGES IN VAT: Improvements to consignment warehouses The current “covid” situation and problems with the financial liquidity of many taxpayers have caused that the question about the introduction of tools improving tax settlements and processes as well as...

Withholding tax rules regarding payments exceeding PLN 2 million p.a. shall come into force on 01.01.2021 The application of new withholding tax (WHT) rules was divided into 2 steps, but the date of the second step has been again postponed. From 1st January 2019 regulations...

7 CHANGES IN VAT: Changes in import VAT settlements Since the 1st of July 2020, settling VAT in the tax declaration will be available for all VAT taxpayers regardless of the method of customs declaration they use: simplified or standard one. Taxpayers who have their own customs...

7 CHANGES IN VAT: The new matrix of VAT rates Enacting from July 1, the so-called new matrix of VAT rates means a completely new wording of Annexes 3 and 10 to the VAT Act, in which goods and services subject to reduced VAT rates (8% and 5%, respectively) have been indicated....

7 CHANGES IN VAT: Whitelist – favourable changes for taxpayers On 1 July 2020, there are new favourable changes to the regulations on Whitelist of VAT taxpayers. What is important, they are to be applied to the payment of liabilities made from 1 January 2020 (retrospectively)....

The deadline for submitting an application for exemption from ZUS falls on 30th June 2020 Entrepreneurs who want to take advantage of exemption from paying ZUS contributions for March – May 2020 on the basis of the Anti-crisis shield, have time to submit an application...