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Tax advisory insights

We write about complex tax issues in an interesting and straightforward manner. We have a practical approach to events and changes in taxes – we discuss issues that have a material effect on businesses. Looking for information on latest changes in law and a practical guide to taxes and business? Read the Tax advisory insights on our RSM Poland Blog – an informative and inspirational source of knowledge for entrepreneurs.

The Polish Deal clarifies the withholding tax (WHT)

3 September 2021
The last major amendment to withholding tax regulations was supposed to take effect on 1 January 2019. However, the Ministry of Finance has continued to push back the date of their final implementation by way of successive regulations. They have also announced that they are already working on some new amendments. Thus, Polish entrepreneurs and their foreign contractors still do not know for sure when the announced regulations will become effective nor what they will actually entail.

Polish Deal: Preferences for Holding Companies

4 August 2021
Piotr WYRWA, Wawrzyniec ŻBIKOWSKI
We are going to continue here with the Polish Deal and tax changes planned for 2022. After the regulations offering simplified procedures in the choice of the Estonian CIT and the innovation support package, another noteworthy new option is preferences for holding companies. This proposal seems interesting, but a more careful analysis of the regulations shows that there are many hazards involved when it comes to these new preferences.

Polish Deal to Liberalise the “Estonian CIT”

30 July 2021
Piotr WYRWA, Wawrzyniec ŻBIKOWSKI
On Monday, 26 July, a draft act amending the PIT Act, CIT Act and certain other acts was published, being a part of what is known as the “Polish Deal”. It rolls out many taxation changes, including more lenient conditions for applying the “Estonian CIT”.

Relocation of employees in practice – tax implications and more (part 3) Taxation of income from work performed in Poland for a foreign employer

14 September 2020
Katarzyna SADOWSKA
In the previous part of our series on the tax implications of employee relocation we discussed the labour taxation in double taxation agreements and how to properly fulfil tax compliance duties in respect of income earned by a Polish residents from work abroad. The topic we will present you this time is the proper taxation of a remuneration that a Polish resident receives for work performed for a foreign employer in Poland (e.g. working remotely), and, more specifically, the obligations related to the payment of income tax advances during the tax year.

Does energy price subsidy constitute taxable revenue?

9 July 2020
Ada BABECKA
Until 30 June 2020, medium and large enterprises could apply for subsidies to compensate for increasing energy prices. This assistance was granted to taxpayers upon request, and subsidies were handed out by the Price Difference Fund from the state budget. The entrepreneurs who have received subsidies are now in for a nasty surprise. Most likely, they will have to account for the assistance they were given.

Employee relocation in practice: tax aspects and more (part 2). Taxation of Polish resident’s income earned abroad

3 June 2020
Katarzyna SADOWSKA
We discussed tax residency in the first article on employee relocation. Now it is time to have a look at another important aspect: the method of taxation of paid work according to international agreements. These agreements are aimed at preventing double taxation of the same income, i.e. ensuring, among others, that the income from work performed abroad will not be taxed in two countries (i.e. in the source country and the country of residence).

Employee relocation in practice – tax aspects and more (part 1). A few words on tax residence

19 May 2020
Katarzyna SADOWSKA
The consequences of economic development include investments of foreign entities in Poland as well as investments of Polish entrepreneurs abroad. Many foreign companies benefit from the abundant resources of well-educated and experienced Polish specialists, whereas Polish investors seek employees with adequate qualifications on foreign markets. As a result, the number of Polish employees employed in foreign entities, as well as foreign employees employed in Polish companies, is growing significantly. Specialists can provide their services from any place in the world (working remotely), often on the territory of more than one country.

Employing foreigners in Poland (part 4). Statement on entrusting work to a foreigner

6 February 2020
Anna JELIŃSKA
As we have already mentioned in the previous article, any foreigner applying for a visa in order to perform work may submit a written statement on entrusting work registered by the labour office instead of a work permit.

Employing foreigners in Poland (part 3). Work permits

20 December 2019
Anna JELIŃSKA
As we already know, any foreigner who is a citizen of the European Union and wishes to work on the territory of Poland does not need a work permit. We discussed this in more detail in our last article from a series on employing foreigners in Poland. However, employing third-country nationals is a more complex procedure, as there are certain permits that must be obtained and the employer must get involved in the process. If the employer fails to meet these obligations, he or she may face quite severe penalties.

Quick fixes in Poland: revolutionary changes to call-off stock

7 November 2019
Przemysław POWIERZA
On 24 June 2019, the Governmental Legislation Center published a draft act amending the VAT Act and the Penal and Fiscal Code. The draft, being primarily a transposition of EU quick fixes regulations, introduces most solutions in the same form as the EU legislator did. We would like to draw your attention to some essential consequences of implementing these changes into the Polish regulations, the good news being they are good for taxpayers.

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