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Resolution of the Supreme Administrative Court (NSA) on limitation periods for tax liabilities suspended under COVID regulations

On 27 March 2023 the Supreme Administrative Court composed of seven justices adopted an important resolution concerning applicability of COVID legislation to tax matters. The subject matter was suspension of the limitation period for tax liabilities under Art. 15zzr(1)(3) of the COVID-19 Act of 2 March 2020. These provisions, if interpreted unfavorably, could result in extension of the limitation period by 72 days. The NSA answered the question whether the disputable provisions were also applicable to the periods prescribed by the tax law.

TAX ALERT 2023 / 03 / 29

Changes to the Family Foundations Act

Although the Act on Family Foundations of 26 January 2023 (the Act) has not taken effect yet, the legislator already considers it necessary to amend its provisions. The changes were presented in the Bill amending the Act on Bonds, the Act on Investment Funds and Alternative Investment Fund Management and the Act on the Banking Fund (the Bill).

TAX ALERT 2023 / 03 / 15

Extension of the time limit for filing the ORD-U information

Regulation of the Minister of Finance which extends the time limit for filing the information about contracts concluded with non-residents (ORD-U form) was published in the Journal of Laws of 6 March 2023. According to the new rules, the ORD-U information should be filed within 11 months of the end of the tax year.

TAX ALERT 2023 / 03 / 11

Inclusion of new countries in the EU tax havens list – practical implications

The list of non-cooperative jurisdictions for tax purposes (commonly referred to as “tax havens”), adopted by the Council of the European Union, has recently been extended to include 4 countries. The new countries added to the list include Russia. The other jurisdictions are: the British Virgin Islands, Costa Rica and the Marshall Islands.

TAX ALERT 2023 / 03 / 03

A bill extending the time limit for filing CIT returns

According to the planned regulations, the time limit for filing annual corporate income tax returns and payment of the tax for 2022 is to be extended until 30 June 2023. The extended deadline can be used by taxpayers whose tax year ended in the period from 1 December 2022 to 28 February 2023.

ALERT PODATKOWY 2023 / 02 / 17

Changes to the National e-Invoice System (KSeF)

On 31 January 2023, a “Dialogue with Business” meeting was held by the Ministry of Finance. The meeting was dedicated to deployment of the KSeF. Participants were presented with “adjustments to the bill” which, as indicated by the Ministry of Finance, resulted from talks with representatives of the market. For more information see the Ministry’s […]

TAX ALERT 2023 / 02 / 02

Regulations on indirect transactions with tax havens repealed!

On 21 October the President signed the Act of 7 October 2022 amending the Corporate Income Tax Act and some other acts which introduced changes to (without limitation) transfer prices.

TAX ALERT 2022 / 11 / 17

Maximum energy prices for SME

Yesterday afternoon, the act on extraordinary measures intended to limit the prices of electricity and support certain recipients in 2023 was published in the Journal of Laws. Maximum energy prices are the major preferential treatment for entrepreneurs. They will apply, without limitation, to the sector of SME – for those enterprises the energy prices cannot […]

TAX ALERT 2022 / 11 / 17

Last moment for real estate companies to comply with the reporting obligations

30 September marks the end date for informing the Head of National Fiscal Administration (KAS) about entities holding shares, interest, general rights and obligations or similar entitlements, either directly or indirectly, in a real estate company.

TAX ALERT 2022 / 10 / 18

Large Taxpayers List

The Ministry of Finance has recently published the Large Taxpayers List for 2021. Inclusion of an entity in the List has some consequences, in particular as regards reporting payment deadlines to be adhered to in commercial transactions and publication of information on the adopted tax strategy.

TAX ALERT 2022 / 10 / 18

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