tax | In Principle

Whether VAT is charged on the sale of commercial premises depends on whether, and when, the initial occupancy of the space occurred within the meaning of the VAT Act.

Examples from the case law on automobile insurance

From 1 January 2012, the tax treaty between Poland and Switzerland authorises the countries to exchange information that may have a major impact on tax enforcement.

What are the obligations, barriers and costs that an existing company must deal with before beginning to provide accounting services as an additional business for outside entities?

If business operations are not generating the expected profits, instead of closing down the business it is possible to suspend operations for a certain period. How should one go about this in a legal and effective manner?

If a taxpayer has generated a loss and plans to carry it forward to apply against income earned in subsequent tax years, the taxpayer may have to retain its tax records and related documents for up to 11 years.

Amendments to the Corporate Income Tax Act and the Personal Income Act in Poland went into force on 1 January 2011, including changes in the tax treatment of share redemption transactions.

So far it has not afforded any protection to taxpayers facing an assessment for unreported income to assert income on which tax is no longer due because it is barred by the statute of limitations.

Under amended regulations, starting 1 January 2011 the VAT exemption for healthcare services would be limited to services that meet a new statutory definition of “medical services.”

Pracodawcy odchodzą od wynagradzania lub premiowania pracowników za pomocą bonów towarowych ze względu na niekorzystne zmiany w przepisach o podatku dochodowym od osób fizycznych. Teraz wydawanie bonów może rodzić dodatkowe ryzyko w podatku VAT.

When must a financial institution release information to fiscal audit authorities identifying the holder of a bank account?

At the end of July 2010 an amendment to the Polish Fiscal Audit Act went into effect. Of particular interest is Art. 7c, which expands the obligations of businesses to provide information to tax inspectors.