Poland’s Ministry of Finance announced, significant changes in the tax law are planned in Poland as of 2019.
The Ministry announced the following key measures, among others:
- Stricter conditions for the application of withholding tax exemption on dividend, interest and royalty fees or preferential rates based on tax treaties;
- Implementing withholding taxation on the basis of the EU Anti-Tax Avoidance Directive;
- Introduction of WHT and capital gains tax exemptions for certain corporate bonds offered to foreign investors;
- Introduction of a notional interest deduction allowing taxpayers to deduct equity capital invested by their shareholders;
- New taxation rules for the conversion of debt into equity.
