The Ministry of Finance announced that it will hold consultations on the direction of modifications to the research and development (R&D) tax relief in the context of the Pillar Two GloBE Rules on 21 February 2025. Registrations for participation should be submitted by tomorrow, 19 February 2025.
The R&D tax relief provides special deduction rules for expenses related to conducting research and development activities; regulated under Article 18d of the Corporate Income Tax (CIT) Act and Article 26e of the Personal Income Tax (PIT) Act.
The Ministry is inviting entrepreneurs, employer organisations, industry associations, and other interested parties to participate in the consultations to discuss the directions for aligning this relief with the new regulations resulting from the introduction of the global minimum tax, effective from 1 January 2025.
The consultations will take place at 1:30 PM at the Ministry of Finance building, located at 12 Świętokrzyska Street in Warsaw.