Poland – India DTA enters into force

18 July, 2014

On 1 June 2014, the double taxation agreement between Poland and India has been entered into

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US imposes tariffs on Grain-Oriented Electrical Steel From Germany, Japan, and Poland

17 July, 2014

The International Trade Administration (ITA) of the US Department of Commerce (DOC) has issued its affirmative final determinations on July 17, in the antidumping duty (AD) investigations of imports of grain-oriented electrical steel (GOES) from

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Poland-Slovak Republic DTT protocol enters into force

16 July, 2014

The Poland - Slovak Republic Income and Capital Tax Treaty (1994) protocol will enter into force on August 1, 2014 and it generally applies from January 1,

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Poland: Proposals for CFC regime

07 July, 2014

Poland proposed bills to changes to its controlled foreign corporation (CFC) rules and thin capitalization regime. According to the rules tax would be levied on specific income which obtained from some foreign subsidiaries owned by the taxpayers of

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Malaysia-Poland: Ratified the income tax treaty

04 July, 2014

The income tax treaty between Malaysia and Poland (2013) was released on 23 June 2014 after sanctioned by Malaysia this new treaty will replace the Malaysia-Poland tax treaty of

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Poland: Proposal for single VAT rate

30 June, 2014

The Finance Ministry of Poland revised its standard and reduced rate of VAT for creating a single rate to simplify the VAT procedure. Poland’s current VAT rate is 23%; this rate will decrease in between 8% to5%. From 2016 this rate will further

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Poland: Recommended to revise the tax breaks

05 June, 2014

The EC (European Commission) suggested Poland to revise its value added tax because of Poland’s "extensive system" of decreasing rates, which provided huge gap of VAT in the European Union. The EC also advise to modify its tax incentives for

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Poland – Reduction of VAT by 2017

27 April, 2014

In Poland the government intends to raise the standard rate of VAT again by 2017. The standard rate has already been raised to 23% from January 2011 as a consequence of the financial crisis. Although Poland did not undergo a recession after the

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Poland – Belgium DTA

23 April, 2014

Poland and Belgium concluded a double taxation agreement (DTA) on April 14, 2014. No further details of the agreement are currently

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Poland – New guidelines concerning transfer pricing regulations on business restructuring

31 March, 2014

Poland has prepared guidance on some questions arising from the issue of transfer pricing regulations last year. The guidance is generally based on OECD principles. Under the guidance the expression “business restructuring” is defined as the

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Poland Announces Six-Year Tax exemption for Shale Industry

23 March, 2014

The government of Poland has put forward a proposal for an exemption from special taxes for the shale gas industry until the year 2020, and this is now being considered by parliament. This follows a complaint from the Supreme Audit Office that the

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Poland – VAT reduction with respect to motor vehicles

21 February, 2014

On 20 February 2014, the Polish Senate adopted a bill introducing limited deductibility of input VAT on the purchase of certain motor vehicles and related expenditures. The draft amendments to the VAT Law are based on the EU authorization for the

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Singapore: DTA between Poland and Singapore enters into force

17 February, 2014

The Singapore tax authority announced on 6 February 2014, that the double tax agreement (DTA) signed between Singapore and Poland applies from 6 February 2014 for the mutual agreement procedure and exchange of information provisions and from 1

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Revised DTA between Poland and Singapore in force

17 February, 2014

The revised version of the Singapore-Poland avoidance of double taxation agreement (DTA) entered into force on 6 February 2014. It was signed on 4 November 2012. Bottom of Form The revised DTA incorporates the internationally agreed standard for

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Poland: 2014 VAT Law

03 February, 2014

The 2014 Poland VAT Law, which came into effect on 1 January 2014, brings about major changes to the Polish VAT compliance regime. Key changes relate to the tax point in Poland, the VAT base and on intra community supplies within the EU. VAT will

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Poland: Amendments to input VAT deductions for automobiles

03 February, 2014

A draft modification to the rules for input value added tax (VAT) deduction for vehicles has been published, and is expected to be effective from March 2014. The proposed amendments will introduce limitations of the right to claim input VAT,

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Polish 2014 VAT Law brings in widespread changes

13 January, 2014

On 13 January 2014 it has been reported that there has been a major overhaul of the Polish VAT compliance regime following the approval of the 2014 Polish VAT Act.  The changes are aimed at bringing the Polish Value Added Tax regime more into

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Polish Parliament approves bill amending CIT law

31 December, 2013

The lower house of the Polish Parliament approved a bill on 8 November 2013, which enacts significant changes to the Corporate Income Tax (CIT) law as effective from 1 January 2014.The Polish Government was proposed in the bill to include

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