News
Preparation and publishing of information about the tax strategy. A new obligation
As part of the program of tightening the tax system in Poland and increasing the transparency of tax settlements of the largest taxpayers of the income tax, on 01.01.2021 the obligation to prepare and publish information about the tax strategy was implemented....
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...
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...
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…
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…
Again, changes in the labor law
On 04.05.2019 the Act of 21.02.2019 implementing the GDPR came into force.
The Amendment refers to over 160 legal acts, among which the most important for each employer are the labor code and the act on the company…
Employee Capital Plans
We would like to remind you that from 01.07.2019 the first group of entities (those that as at 31.12.2018 employed at least 250 employees) will be subject to the Act of 04.10.2018 on employee capital plans (PPK).
The National Labor Inspectorate will be controlling companies with regard to the employee capital plans in 2019
The information published by the National Labor Inspectorate shows that due to the entry into force of the Employee Capital Plans Act in 2019, the audits of the obligation to conclude contracts for conducting the Employee Capital Plans and contracts for the management of the Employee Capital Plans…
Central register of real beneficiaries
On July 13th, 2018, the Act of March 1st, 2018 on Counteracting Money Laundering and Terrorism Financing entered into force (Journal of Laws of 2018, item 723). The Act aims to implement the requirements set out, inter alia, in Directive (EU) 2015/849 of the European...
Employee Capital Programs
Please be kindly informed that the legislative process related to the entry into force of the revolutionary Act on Employee Capital Plans (hereinafter “PPK”) is coming to an end. If nothing extraordinary happens, it should be assumed that the act will become effective from January 1, 2019.
From 2019 “revolution” in keeping employee records
Employee records no longer have to be kept in a paper form
Managers with higher social security contributions
The information on the website of the Constitutional Tribunal indicate that Tribunal cancelled the hearing planned for 10th of July 2018, on which the president’s application to examine the compatibility of the Act of 15th of December 2017 on the amendment of the Act on Social Security System and certain other acts was to be examined.
JPK at the request
From 1st of July 2018, at the request of the tax authority, according to the Article 193a of the Act of 29th of August 1997 Tax Ordinance, every tax payer who keeps tax registers with the use of computer software should take into account the possibility that the tax...
Employee capital program (PPK)
Unfortunately, the legislator does not make it easier for us to answer this question, and the time to make a choice is less and less. The assumption is for PPK to be effective from 1 January 2019, but the project regulations introducing the program (the Employee...
New duties related to the National Court Register
The latest amendment to the Act on the National Court Register, which entered into force on 15th of March 2018, introduced several significant changes. Among them, the obligation to submit in the National Court Register (hereinafter referred to as "KRS"): 1) addresses...