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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…
VAT statute of limitations at the end of 2023
According to law, tax liabilities are time-barred after 5 years.
KSeF through the eyes of a tech expert: The benefits of automating the invoice accounting process
In the era of digital transformation, the EU project VIDA, or “VAT in the Digital Age,” has been introduced.
Changes to SAF-T after the entry into force of the obligatory KSeF
On the website of the Governmental Legislation Centre, a draft regulation of the Minister of Finance concerning amendments to the regulation on the detailed scope of data contained in tax declarations and records in the…
KSeF through the eyes of a VAT expert: KSeF vs VAT Compliance – challenges and benefits
Despite many doubts related to the mandatory use of structured invoices under KSeF, the new system will go into effect in Poland on July 1, 2024.
Work on Faster withholding tax directive is underway
The European Commission is working on a Directive on a faster and safer mechanism for the relief of excessive withholding tax (the Faster Directive).
KSeF through the eyes of a VAT expert: E-invoicing
E-invoice will soon replace traditional VAT invoices - both paper ones and those sent electronically between taxpayers.
TPR form and TP statement - change of submission method
The "Polish Deal" introduced several significant changes in the field of transfer pricing regulations.
Fixed establishment (FE) and KSeF
Despite criticism, the legislature has not backed away from the mandatory inclusion of foreign taxpayers with a permanent place of business (FE) in the territory of Poland in using the National e-Invoicing System (KSeF).
Photovoltaics in the company - prosumer deposit and VAT
A prosumer generating surplus electricity is considered a VAT payer. The effect of recognizing a prosumer as a VAT payer making a VAT-taxed supply is the need to issue invoices for the supply of energy.
Photovoltaics in the company - prosumer deposit and CIT settlement
Settlement of the prosumer deposit - practical problems with CIT settlement.
KR Group at CEE Property Forum 2023
We are thrilled to announce KR Group’s participation in the CEE Property Forum 2022. The event will take place on September 20-21st in Vienna and will be attended by Anita Supel (Accounting Director), Miłosz Saramak…
Clarification of the rules on advance invoicing as of 1 September
VAT taxpayers are no longer obliged to issue advance invoices if they have received all or part of the payment in the same month in which they carried out the activities in respect of which…
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