RSM Poland



17 January 2020
A micro-account is an individual tax account generated for individual taxpayers, which is used to pay PIT, CIT and VAT.  As of 1 January 2020 taxpayers and employers (payers) will pay PIT, CIT and VAT to the tax office using it.
23 December 2019
Przemysław POWIERZA
24 June 2019 The Government Legislation Centre has published a draft law amending the VAT Directive and the Fiscal Penal Code. The aim of the project is to implement EU regulations in the area of quick fixes. However, the project has not yet been referred to the Sejm and has been stalled at the level of the Committee for European Affairs. This may seem a puzzle, as the purpose of the project is to seal the VAT regulations across the entire EU.
2 December 2019
The BDO register includes entities that market products and packaged products and manage waste. It is an integral part of the product, packaging and waste management database. It makes up an intergral part of the base on products and packagings and waste management. BDO allows for the collection of information regarding waste management and ensures that the registration, recording and reporting obligations can be done online. Depending on the type of business, entrepreneurs are entered to the register either at their own request or ex officio.
28 October 2019
On 13 October 2019, as a result of the entry into force of provisions of the Act of 1 March 2018 on countering money laundering and terrorist financing, uniform text of 16 May 2019 (Journal of Laws of 2019, item 1115, as amended, hereinafter referred to as “the Act”), which we discussed in the article Central Register of Ultimate Beneficial Owners, i.e. Transparency Above All, the CRUBO became operational, being a system for collecting and processing the information on ultimate beneficial owners, i.e. natural persons who either directly or indirectly control a company. The establishment of the Central Register of Ultimate Beneficial Owners is going to materially affect the operation of many businesses.
27 September 2019
Tomasz BEGER
On 6 August 2019, the President of the Republic of Poland signed the Act of 19 July 2019 Amending Certain Acts in Order to Reduce Payment Backlogs. This amendment, aimed at strengthening the financial liquidity of businesses, introduces an obligation for certain entrepreneurs to submit annual reports on applied payment terms to the Minister of the Economy.
5 August 2019
Tomasz BEGER
Explanations regarding how to file and what to include in a declaration on preparing local transfer pricing report has been published on the Ministry of Finance’s website. The information concerns declarations submitted under the new laws applicable from 1 January 2019 if they are applied to transfer pricing reports covering 2018 (link). This newsletter offers a detailed explanation of that issue.
17 July 2019
On 5 March 2019, the Sejm received the governmental draft act amending the Value Added Tax Act and the Tax Ordinance Act. After a long while, on 3 July 2019, the Sejm decided to send the draft to the Public Finance Committee. Given the fact that the amendment includes significant changes of the VAT rates, it is a good idea to learn about the planned amendments today.
12 July 2019
The Ministry of Finance has published a draft act introducing an obligatory split payment mechanism for certain goods and services. New regulations are supposed to enter into force already as of 1 September 2019. The draft act has been adopted by the Council of Ministers and sent to Sejm.
2 July 2019
On the last working day preceding the entry into force of revolutionary solutions in withholding tax, the Minister of Finance once again decided to postpone them. This time, the Ministry of Finance decided that the new regulations on the obligation to withhold tax at domestic rates shall enter into force as of 1 January 2020.
30 May 2019
On 12 April, amended VAT, CIT and PIT acts were passed. As of 1 January 2020, more stringent provisions concerning payments for transactions exceeding PLN 15,000 will be in force. Any failure to meet statutory conditions will result in joint and several liability of the purchaser for the vendor’s VAT accounting and denied right to recognise this expenditure as tax deductible. Under the new regulations, foreign entities regitered for VAT purposes in Poland will have to open bank accounts in Poland. New regulations are going to cover limited companies, partnerships and sole proprietorships.
7 May 2019
Tomasz BEGER
On 15 April 2019, the Act of 4 April 2019 amending the Act on the Exchange of Tax Information With Other Countries and Certain Other Acts (Journal of Laws of 2019, item 694), hereinafter: “Amendment”, was published in the Journal of Laws. The new regulations introduce changes among others in the Country-by-Country Reporting mechanism, hereinafter: “CBC”. This newsletter will give you a summary of the introduced regulations.
29 March 2019
Przemysław POWIERZA
The Regulation of the Minister of Finance of 19 September 2018 on declarations of the transport of goods (Journal of Laws, item 1849) has introduced an obligation for consignees and consignors to authenticate the user registered in the Electronic Services Platform of the Customs Service (hereinafter: PUESC) by also providing the entity’s SISC ID, in addition to the login and password, i.e. a 17-digit identification number. This change results from the provisions of Article 9 paragraph 7 of the Act of 9 March 2017 on the Monitoring System for the Road and Rail Transport of Goods (Journal of Laws of 2018, item 2332).
6 March 2019
Piotr LISS
By the end of April 2019, authorisations of simplified VAT accounting procedures issued before the entry into force of the Union Customs Code (UCC) will be re-assessed. The process of obtaining new authorisations will be more restrictive.
7 January 2019
Piotr LISS
The amended Act on Corporate Income Tax introduces a new mechanism for collecting withholding tax, as set forth in Article 26 paragraph 2e of the Act on Corporate Income Tax (i.e. Journal of Laws of 2018, item 1036, hereinafter: the CIT Act).
21 December 2018
Piotr LISS
On 1 January 2019, new provisions of the PIT Act and the CIT Act will enter into force as regards claiming expenses related to passenger cars used for business purposes. They will introduce a major change in the existing rules and principles concerning, among others, capital allowances, determining the tax deductible costs of selling, as well as claiming lease rentals and running costs of passenger cars against tax.
18 December 2018
The efforts to make the collection of the value-added tax more effective are an evident tendency in all of the European Union, including Germany. The tax administrations perceive goods coming from outside Europe, mainly from Asian markets, to be a serious problem at present. These vendors often do not pay taxes, which significantly distorts the competition and, what is more, it depletes the budgets of EU countries.
6 December 2018
By virtue of the Act of 4 October 2018 on employee capital plans, all employers are required to implement the Employee Capital Plan (PPK) in their organizations.
26 November 2018
Piotr LISS
On 1 January 2019, an extensive amendment of the Corporate Income Tax Act (hereinafter referred to as the CIT Act) will enter into force, thus introducing very significant, not to say groundbreaking, rules and principles of collecting the withholding CIT. Reduced rates or exemptions from CIT shall continue to apply to the payment of dividends, interest, royalties and fees for certain services; however, there is a number of new formal requirements to be met.
22 November 2018
On 14 November 2018 the Constitutional Court announced its final verdict on the amendment to the Social Insurance System Act of 14 November 2018.
22 November 2018
Tomasz BEGER
In newsletter 9/2018, we informed you about the planned changes in transfer pricing. Now it is a fact: on 14 November 2018, the President signed the Act of 23 October 2018 amending the Personal Income Tax, Corporate Income Tax, Tax Ordinance Act and certain other acts. In the newsletter below we are going to summarise the regulations that have been introduced.



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