News

Funds in a bank account do not have the characteristics of material evidence - an important resolution of the Supreme Court

On October 13, 2021, the Supreme Court, responding to the legal issues referred to it, adopted a resolution on the questionable interpretation of Article 86 of the Act of March 1, 2018 on the prevention of money laundering and financing of terrorism (I KZP 1/21). Read more »

Supreme Court's decisions in ‘loans contracted in Swiss francs cases’ still awaited

The Supreme Court has not decided in recent months, for various reasons, to issue the rulings in ‘the loans contracted in Swiss francs cases', as well as decided to cancel the already set dates of the hearings. Read more »

Are we facing another revolution in VAT? SLIM VAT2 comes into force as of 1 October 2021

Please be advised that on August 19, 2021. The President signed the Law Amending the Laws on Value Added Tax (VAT) and the Banking Law (hereinafter: "SLIM VAT 2"). The Act enters into force on 1 October 2021, with the changes regarding adjustments to import of goods and neutral settlement of WNT, import of services and domestic supplies subject to reverse charge effective from the day after the Act is published in the Journal of Laws. Read more »

New obligations in transfer pricing from 2021 related to tax havens, or how to understand due diligence in transfer pricing

Everyone wants to end up in a paradise, but let's hope it is not a tax haven. Article from transfer pricing series: New obligations in transfer pricing from 2021 related to tax havens, or how to understand due diligence in transfer pricing.  Read more »

JUDGMENTS OF THE VOIVODESHIP ADMINISTRATIVE COURT (WSA) IN WARSAW ON THE RESOLUTION OF THE COUNCIL OF THE CAPITAL CITY OF WARSAW ON WASTE MANAGEMENT FEES

On the 8th July, 2021, at a closed session, The Voivodeship Administrative Court in Warsaw, issued judgments, declaring the invalidity of the provisions of the Council of the Capital City of Warsaw regarding the method of determining the fee for municipal waste management and the rate of such a fee.  Read more »

Limited partnerships, is single taxation possible after the 2021 changes.

With the arrival of the new year the rules of taxation of limited partnerships have changed. From 1 January 2021 all limited partnerships in our country have become CIT taxpayers.  Read more »

How to protect yourself from participating in the tax carousel? Article from the series: Security in VAT

It is common for entrepreneurs to claim that participation in the tax carousel is not a threat to me, because I run my business legally and I pay for the goods. However, it may turn out that only at the time of cross-checking by the tax authorities or in the course of checking activities, the entrepreneurs find out that they cooperated with or at an earlier stage of the turnover of a given commodity/goods there was an entity which, years later, turned out to be an unreliable taxpayer or issued empty invoices, and the entrepreneur did not even know about this entity. Read more »

Another deferral of fully introduction of new Withholding tax regime. The mechanism „pay and refund” will not enter into force until 2022.

Pursuant to the amendment to the Income Tax Acts of October 23, 2018, a new mode of withholding tax collection has been introduced. The most important change consists in: introducing for a Polish entity transferring interest, royalties, dividends and receivables for certain intangible services to a foreign entity, an obligation to collect withholding tax at the basic domestic rate (the so-called pay and refund mechanism).  Read more »