Tax benefits of adopting a resolution on leaving a profit in a company which is a CIT taxpayer
Due to the upcoming period of holding the Ordinary Shareholders' Meetings for 2020 it is worth remembering that the legal regulations make it possible to recognize the so-called hypothetical interest cost on equity (allowance for corporate equity – ACE) as tax...
Changes in the jurisdiction of tax authorities from 2021
The significant changes in the jurisdiction of tax authorities entered into force on 01.01.2021. The changes were introduced by the regulation of the Minister of Finance, Development Funds and Regional Policy of 28.12.2020 on certain taxpayers and tax remitters for...
Limited partnerships will pay corporate income tax
From 01.01.2021 limited partnerships will become taxpayers of corporate income tax. Until then, limited partnerships will remain tax transparent and only their partners will be taxed. Whereas from that date limited partnerships will be taxed similarly to limited...
Report on payment dates in commercial transactions must be submitted by January 31, 2021
According to art. 13a sec. 1 of the Act of March 8, 2013 on counteracting excessive payment delays in commercial transactions, which entered into force on January 1, 2020, entities with a turnover exceeding EUR 50 million (even if they are not large entrepreneurs) and...
TRAINING COURSES AND SEMINARS
We organize training courses and workshops which suits our client’s needs as for the scope of the issues covered, time and the place of the course.
GDPR WORKSHOPS
The workshops are addressed to all the companies and are aimed on getting acquainted with the revolutionary changes to the protection of personal data.
LEGAL ASPECTS OF COMPLAINTS MADE BY END CUSTOMERS
Training addressed to all producers and service providers who, as part of their business, sell goods and / or services to consumers and / or other entrepreneurs and provide the quality guarantee for these goods / services.
NORMALIZED RULES OF COMMISSION AND EXECUTION OF THE CONSTRUCTION SERVICES (VOB)
This training is directed to all entrepreneurs realizing investments or cooperating in them, where construction services contracts and special engineering services contracts are concluded on the basis of model conditions of contract VOB (Normalized rules of commission and execution of the construction services).
Contracts for the provision of services
As indicated in the jurisprudence and doctrine: Contracts for the provision of services, as due diligence contracts, consist in the provision, in the interest of another person, of specific factual activities and a set of legal and factual activities. Where the...
Deadline for reporting to the Register of Beneficial Owners: April 13th, 2020
As we have already indicated in our Newsletter No. 30/2019, every company entered into the National Court Register, e.g. all limited liability companies, shall report information on beneficial owners to the Central Register of Beneficial Owners by April 13th, 2020....
New obligation – application of real beneficiaries
As of October 13th, 2019, companies must submit information on beneficial owners to the Central Register of Beneficial Owners (hereinafter: “the Register of Beneficiaries’’). Those companies that have been registered in the National Court Register before October 13th,...
Financial statements to a national court register in electronic form
On 15/03/2018 came into force the Act of 26/01/2018 amending the Act on the National Court Register and some other acts, which implements the Directive of the European Parliament and Council (EU) 2017/1132 of 14/06/2017 on certain aspects of company law. The purpose...
Worth to know
Central Register of Beneficial Owners (hereinafter: “the Register”) maintained by the Minister of Finance.The obligation to submit reports on beneficial owners to the Register results from the art. 55-71 of the Act of March 1st, 2018 on counteracting money laundering and terrorism financing, which implements the Directive 2015/849 of the European
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Risks related to balance confirmationCompanies often forget that confirming balances is more than just checking amounts. In particular, problems may arise in the case of disputed or doubtful claims. What is included in the balance confirmation The Accounting Act requires, in
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CONDITIONS FOR ENJOYING THE RESEARCH AND DEVELOPMENT RELIEFIn order to enjoy a tax relief specified in art. 18d of the Act of 15.02.1992 on Corporate Income Tax (hereinafter: “the CIT Act”), a taxpayer must perform activities that meet the conditions for recognizing them as research and development
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ARE SERVICES PURCHASED FROM RELATED ENTITIES EXCLUDED FROM TAX COSTS?On 18.05.2020 the Head of the National Tax Information issued a very important individual interpretation regarding services purchased from related entities in the context of their exclusion from tax costs, referred to in art. 15e sec. 1 of the
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RECOMMENDATIONS OF THE PERSONAL DATA PROTECTION OFFICE ON SAFE USE OF VIDEO CONFERENCESVideo conferences gained practical significance during COVID-19 epidemic. However, the use of such a useful everyday work tool is not always carried out in a way that guarantees maximum protection of your own data and the data of all participants.
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THE GRATUITOUS SURETY IS SUBJECT TO TAXATIONIn a judgement of 16.01.2020 (case no. II FSK 373/18) the Supreme Administrative Court (hereinafter: “SAC”) confirmed the position of the tax authorities that a surety, in order to secure a credit in exchange for an obligation to grant a surety,
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How the property remaining after liquidation is dividedUntil the moment of crossing out from the National Court Register, the company in liquidation has the possibility to conduct its current activities, which may generate additional costs for it - for example: those resulting from the necessity to rent
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Home officeWork at home, the so-called home office, is becoming more and more popular. Especially in situations where the employer determines with the employee one or more days each week, allowing the employee for such a home office.
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