• New possibilities in 2017 - One-off depreciation

    Pursuant to the Act on change in the act of personal income tax and corporate income tax of 7 July 2017, the provisions covering a large number of entrepreneurs investing in fixed assets with mechanism of one-off allowance have come into force. The above-mentioned Act has extended the scope of applying this mechanism of depreciation also to fixed assets with the initial value up to PLN 100 thousand.
  • Drafted CIT changes as of 1st of January 2018

    The drafted act is to constitute another step towards reconstruction of tax income of the state and in particular income from CIT, at the same time covering a wide spectrum of criteria with its scope. The implemented provisions will significantly hamper conducting of activity mainly by large entities, and even though the legislator will not increase the CIT rate, it will increase the taxation base thanks to the tightening and the proposed changes.
  • REITs in Polish - benefits of investing

    Investments in the real estate market should be regarded as a special form of capital multiplication. Attention should be paid to the proposed concept of the law on companies for rental market real estate, REIT (Real Estate Investment Trust), prepared by the Ministry of Finance. This law would apply in Poland from the beginning of 2018.
  • Tax relief for Research and Development - benefits for entrepreneurs

    Throughout the years, we have observed a significant increase in the importance of innovation on the Polish market. Carrying out such activity contributes to increasing the company's competitiveness in new and mature markets, creating new jobs and increasing the attractiveness of the company.
  • New rules for short-term employment of foreign citizens

    The government has put forward a draft act on the change to the act on promotion of employment and labour market institutions. According to the draft act, apart from the existing work permits, there will be documents including a seasonal work permit, issued by a starost for the period of nine months in a calendar year.
  • Customs and tax audit - New rules for taxpayer audit

    On March 1 2017, the Act on the National Fiscal Administration (hereinafter also "the NFA Act" came into force, significantly changing the auditing procedures which apply to tax payers. First and foremost, along with the act coming into force tax, fiscal and Customs Service administration became consolidated. In practice, tax offices and customs and tax offices will operate as a combination of customs administration and tax audit offices.