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650 million PLN of "surcharges” in withholding tax audits
The Ministry of Finance data for Dziennik Gazeta Prawna confirms that audits in the area of withholding tax (WHT) are being treated as a priority.
The Council of Ministers adopted a draft law on the protection of whistleblowers
Work on this project was to be completed in the previous term of the Polish Parliament, but it was not until April 2, 2024, during the new term of the Polish Parliament, that the Council…
Draft amendments to legislation introducing mandatory KSeF - consultations
On April 3, 2024, The Ministry of Finance (MF) introduced a proposal for draft amendments to the legislation introducing the mandatory National e-Invoicing System (KSeF) into consultations. The consultations are expected to last until April…
Another obligation is just around the corner: income tax report
On 20 March 2024, the Polish Sejm adopted a bill on amendments to the Accounting Act and certain other acts.
KR Group in the XVIII Ranking of Tax Firms and Advisors
In the tax industry, the end of march is mainly associated with industry rankings, in which almost all companies dealing with taxes are presented.
KSeF - new implementation date coming soon
The Ministry of Finance has completed the first stage of consultation on the legal solutions and functionality of the National e-Invoicing System.
What do auditors' questions about VAT due diligence mean?
During financial statement audits for 2023, many companies were surprised by auditors’ inquiries into how these companies complied with their VAT due diligence obligations. What do these questions mean and how does one answer them?
Termination of 0% VAT rate on basic food products in Poland
In an announcement on March 12, 2024, the Ministry of Finance stated that the reduced VAT rate for basic food products will not be prolonged past March 31, 2024. The Ministry of Finance's decision was…
KSeF - summary of tax consultations
On March 1st, 2024, consultations on the National System of e-Invoices, organized by the Ministry of Finance (MF), came to an end.
Employees may be held liable for VAT from false invoices
The Court of Justice of the European Union (CJEU), in judgment C-442/22 from January 30, 2024, ruled that an employee of a VAT taxpayer who issues a false invoice indicating VAT by using the identity…
JPK_CIT - new reporting obligations from 2025
2024 should be spent by taxpayers under the banner of "due diligence." This recommendation ensues not only from the approaching, albeit postponed, implementation of KSeF, but also – what is wrongfully disregarded - from the…
Training for business-to-business (B2B) contractors is a tax expense for a company
There are more and more decisions confirming that training for business-to-business contractors is a tax expense.
Mandatory KSeF will not be introduced on July 1st, 2024.
During the press briefing held at the Ministry of Finance on Friday, January 19th, 2024, it was announced that the mandatory use of the National System of e-Invoices (KSeF) will not be introduced on July…
Right to deduct VAT - a contract is enough
A taxpayer who purchases goods or services without receiving an invoice from the seller may deduct VAT on the basis of an agreement. This was stated by the Provincial Administrative Court in its ruling III…
KSeF through the eyes of a tax expert: KSeF as a tool in the hands of tax authorities?
On July 1, 2024, regulations for the mandatory National e-Invoicing System (KSeF) will go into effect.
Draft amendment to the ordinance on the exclusion of the obligation to collect lump-sum corporate income tax
On December 1, 2023, a Draft Regulation of the Minister of Finance amending the Regulation on Exclusion of the Obligation to Collect Lump Sum Corporate Income Tax was published on the website of the Government…
Electronic Invoicing in Romania: How to start using RO e-Factura.
With the introduction of electronic invoicing in Romania on January 1, 2024, we would like to present a few tips to help you get started in using the new RO e-Factura system.
Romanian “e-Factura” (e-invoicing) System
The implementation of electronic invoicing for all B2B transactions in Romania is planned for January 1st, 2024.
Changes in VAT invoice correction after the entry of obligatory National e-Invoicing System (KSeF) into force
With the entry of the obligatory National e-Invoice System (KSeF) into force, there will be some significant changes to the process of correcting and settling invoices.
Minimum tax - new version of the CIT/M form
On December 1st, 2023, the Ministry of Finance published a new model of the CIT/M form, i.e. information on the amount of minimum income tax, serving as an attachment to the CIT-8 and CIT-8a returns.
Minimum tax reinstatement
The minimum tax was introduced as part of the so-called Polish Deal in 2022, however, the Polish parliament suspended the minimum tax provisions for two years. Thus, taxpayers were exempt from paying tax from January…
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