The parliament accepted a bill proposed by the former president amending the Corporate Income Tax Law to establish new research and development (R&D) tax incentives and promote modern technologies, on 25 September 2015. According to the bill, R&D expenses will be deductible from the gross profit (currently, R&D expenses are deductible from the taxable base) and the tax relief will amount to 150% of the incurred R&D expenses for small and medium-sized companies, whereas the tax relief amount for large companies will be 120%. All at once, tax incentive permits taxpayers a deduction from the taxable base of 50% of the expenses incurred for the acquirement of new technologies. This amendment will be effective from 1 January 2016.
Related Posts
Poland proposes new windfall tax on oil companies to lower fuel costs
Poland's government has moved forward with plans for a windfall tax (excess profit tax) on oil companies' excess
Read More
Poland advances VAT modernisation through ViDA package implementation
Poland's Council of Ministers backed a draft amendment to the Act on Goods and Services Tax and related legislation,
Read More
Poland proposes extending corporate withholding tax pay & refund suspension to 2028
Poland’s Ministry of Finance has published draft corporate income tax and personal income tax regulations for
Read More
Poland proposes CIT hike to fund energy-intensive industry support
Poland's government has advanced a draft legislative proposal (Draft Act UD459) to support energy-intensive industries
Read More
Poland proposes higher corporate tax rates in 2027 draft budget
Poland’s government has approved a draft 2027 budget on 28 August 2026 with projected total tax revenues of PLN 622.4
Read More
Poland proposes 22% CIT rate for large companies in tax reform package
Poland’s government has unveiled a package of tax changes that would increase the basic CIT rate to 22% for entities
Read More