25 January 2017
On 28 December 2016, the President of Poland signed a law amending some laws to improve the legal environment of entrepreneurs (Journal of Laws of 2016, item 2255; hereinafter the “Amending Act”). The Amending Act amends several acts, including the Act of 29 August 1997 Tax Code (i.e. Journal of Laws of 2015 item 613; as amended; hereinafter: the “Tax Code”), the Act of 29 September 1994 on Accounting on Accounting (i.e. Journal of Laws of 2016 item 1047; as amended; hereinafter: the “Accounting Act”) and the Act of 20 November 1998 on Lump Sum Income Tax on Certain Incomes Earned by Natural Persons (i.e. Journal of Laws of 2016 item 2180; as amended; hereinafter referred to as: “Act on lump-sum income tax”). Changes in the above-mentioned Acts entered into force on 1 January 2017.