Poland announces exemption from electronic submission of asset data

20 December, 2024

Poland’s Minister of Finance issued a regulation exempting most taxpayers (except those under Article 9(1d) of the corporate income tax law of 15 February 1992) from having to electronically submit fixed asset and intangible asset records for tax

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Poland: Ministry of Finance designates Head of the Kujawsko-Pomorskie Tax Office as authority for global tax compliance

08 December, 2024

The Polish Ministry of Finance has announced designating the Head of the Kujawsko-Pomorskie Tax Office in Bydgoszcz as the sole authority responsible for matters related to the global minimum tax. This decision, outlined in a draft regulation

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Poland extends reduced VAT on agricultural production

05 December, 2024

Poland’s Ministry of Finance released a draft regulation proposing a three-month extension of the reduced 8% value-added tax (VAT) rate on specific goods used in agricultural production. This extension covers agents improving soil properties,

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Poland consults updated low-tax jurisdictions list, removes Andorra

29 November, 2024

Poland’s Ministry of Finance has initiated a public consultation on a proposed legislation that identifies countries and territories involved in harmful tax practices, classifying them as low-tax jurisdictions. The bill proposes to remove

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Poland announces 2025 investment incentives, thresholds for reduced corporate tax and VAT

27 November, 2024

Poland has announced new thresholds for various tax regimes for small taxpayers in 2025. These include a reduced corporate tax rate, an investment incentive deduction, a simplified VAT regime, and a flat-rate tax. The new thresholds for reduced

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Poland: President signs law enacting Pillar Two global minimum tax 

20 November, 2024

Poland’s President Andrzej Duda has signed into law on, 15 November 2024, the Act on Equalization of Constituent Units of International and Domestic Groups for the Pillar Two global minimum tax in accordance with the Council Directive (EU)

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Poland: Senate passes law on global minimum tax rules

14 November, 2024

Poland’s Senate (upper house of parliament) has approved a legislation for the implementation in accordance with the EU Minimum Tax Directive (Council Directive (EU) 2022/2523) of 14 December 2022. The bill must be presented to the president

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Poland consults extension of temporary withholding tax exemption

12 November, 2024

Poland’s Ministry of Finance has initiated a public consultation regarding a draft regulation proposing the extension of the temporary exemption withholding tax under the “pay and refund” (MPR) mechanism until 31 December 2025, allowing

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Poland publishes final consultation on mandatory use of e-invoicing

08 November, 2024

Poland's Ministry of Finance announced the commencement of final consultations regarding the mandatory implementation of the National e-Invoicing System (Krajowy System e-Faktur - KSeF). The National e-Invoicing System was initially scheduled to

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Poland to introduce cash grants amid potential impact of Pillar Two on investment zone incentives

17 October, 2024

Poland's Ministry of Development and Technology (MRiT) announced plans to reform the country's incentives system by introducing cash grants linked to investment profitability. The cash grant incentive regime aims to maintain Poland's

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Poland approves cash accounting scheme for eligible entrepreneurs

14 October, 2024

Poland’s parliament approved a new "Cash PIT" regime aimed at individual entrepreneurs who operate their businesses independently and whose revenue did not surpass the PLN 1 million (EUR 250,000) threshold in the previous tax year. The scheme

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Poland to raise excise duty on tobacco products

10 October, 2024

Poland’s Council of Ministers approved a bill to raise excise duty rates on tobacco products on 1 October 2024. The tobacco products that are subject to increased excise duty include cigars, novelty tobacco products, raw tobacco, and electronic

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European Commission refers Spain, Cyprus, Poland, Portugal to court for failing to transpose Pillar Two Minimum Taxation Directive

07 October, 2024

The European Commission (EC) decided to refer Spain, Cyprus, Poland, and Portugal to the Court of Justice of the European Union for failing to notify measures for the transposition into national law of Council Directive (EU) 2022/2523 of

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Poland: Lower House passes VAT exemption, optional cash method for small businesses

03 October, 2024

Poland’s lower house of the Parliament (Sejm) passed the first reading of a bill which allows small businesses with sales in the previous tax year not over EUR 100,000 to receive a value-added tax (VAT) exemption in other EU countries on 27

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Poland: Lower parliament evaluates draft law to enact Pillar Two global minimum tax

02 October, 2024

Poland's Sejm (lower house of parliament) is currently reviewing a draft law, submitted on 25 September 2024, to implement the Pillar Two global minimum tax in accordance with Council Directive (EU) 2022/2523 from 14 December 2022. The draft law

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Poland to implement Crypto-Asset Reporting Framework (CARF)

30 September, 2024

Poland's Ministry of Finance in a release announced that Poland will enact the Crypto-Asset Reporting Framework (CARF) on 24 September 2024. ​​The Crypto-Asset Reporting Framework (CARF) is a standard for reporting and exchange of tax

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Poland passes bill easing VAT rules for small businesses

30 September, 2024

Poland’s government passed a bill to streamline and simplify VAT obligations, particularly for small businesses in the European Union. Earlier, Poland’s Ministry of Finance approved a draft bill on 10 September 2024 to simplify and modify VAT

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Poland to present 2024 budget changes due to floods in two weeks

24 September, 2024

Devastating floods have afflicted Poland since 22 September 2024, prompting the government to introduce changes to the 2024 budget. According to Finance Minister Andrzej Domanski, the government will make necessary changes to the budget within two

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