The proposed bill on registered partnerships introduces a range of new tax solutions aimed at simplifying the financial lives of couples who do not formalize their relationships through marriage but seek equal rights, particularly in financial matters, inheritance, and tax liability. A fundamental distinction between marriage and a registered partnership is that the default property…
As of 1 January 2024, a minimum tax, introduced as part of the Polish Deal to tighten the tax system and prevent unfair practices by companies, is in force in Poland. It was initially due to come into force on 1 January 2022, but due to numerous doubts and consultations with the business community, its…
The Ministry of Finance has published a new draft bill introducing changes to property tax regulations, including new definitions of buildings and structures. The aim of this bill is not only to standardize the regulations but also to eliminate existing interpretational uncertainties regarding the taxation of various types of objects. The amendment also includes changes…
The government is announcing changes to the IP BOX relief that could affect how taxpayers accountfor income tax starting in 2025. Currently, those engaged in research and development activities canbenefit from a 5% PIT or CIT rate on income from qualified intellectual property rights. The changes are expected to require the employment of at least…
By the end of March, entrepreneurs who keep accounts in the form of accounting books received financial statements from their accountants. However, this is not the last step towards meeting all year-end obligations. The financial statements should then be submitted to the KRS together with the relevant resolutions. Our experience shows that entrepreneurs often do…
