We are happy to present a brief summary of the most important changes in the Polish tax law that will come into force on January 1st, 2017:
- VAT regulations
- Liquidation of quarterly settlements in VAT
- VAT returns filed electronically
- EC-sales lists
- Introduction of VAT penalties
- CIT regulations
- Introduction of 15% corporate income tax rate
- New limit for cash payments
- Taxes on consumption
- Standard Audit File for Tax (JPK)
- Transfer Pricing rules
- Increase of capital relations threshold
- New quantitative thresholds
- Introduction of new elements to the transfer pricing documentation
Should you wish to discuss any of the below in detail and analyze their impact on your business, please do not hesitate to contact us.
