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Transfer of computer software licenses and correlated VAT tax liabilities
Galloping technological progress and constant development of digitization not only results in new possibilities but also the necessity for entrepreneurs to utilize modern tools offered by the IT industry.
Hungary: Expected changes in electronic invoicing - how will they affect companies and the taxation system?
Real-time monitoring of invoice transactions is nothing new for most Hungarian businesses. However, this will not be the biggest challenge introduced by the EU legislative package which will be implemented in several stages during the…
What should employers remember about early in the year
The beginning of the year is a time when employers must remember about fulfilling various statutory obligations. What should business owners keep in mind?
The report on payment terms in commercial transactions
The deadline for submitting the 2022 report on payment terms in commercial transactions to the Ministry of Development and Technology is imminent. There is not much time left to fulfill this obligation - the deadline…
Reverse charge on the supply of gas, electricity and CO2 emission allowances sold on exchanges
According to the Act of March 24th, 2023, published on March 9th, 2023, on amending the Act on Enforcement Proceedings in Administration and Certain Other Laws (Journal of Laws of 2023, item 556), on April…
VAT warehouse – introduction of a new procedure into the Polish legal order
VAT warehousing, referred to in Article 154 - 163 of the VAT Directive, is a new investment incentive for entrepreneurs.
2023 in transfer pricing - what has changed?
The new calendar year means more regulatory changes for taxpayers. These changes have not spared the area of transfer pricing. What will change? What are the important deadlines? What should be kept in mind?
Positive Voivodeship Administrative Court ruling concerning Estonian CIT
A KR Group success! We assisted a client in receiving a positive verdict, turning over the initially negative individual interpretation of the Voivodeship Administrative Court in Warsaw concerning Estonian CIT.
Extension of deadlines for CIT settlements and submission of the ORD-U form
According to prior announcements made by the Minister of Finance on extending the deadline for paying CIT and submitting the CIT-8 declaration, a regulation of the Minister of Finance from February 16, 2023, came into…
New draft law introducing the mandatory use of the National e-Invoicing System (KSeF)
On March 15, a draft law was published on the Government Legislation Center regarding the mandatory use of the National e-Invoicing System (KSeF).
Amortization for tax purposes of property in real estate companies
The provisions of the so-called "Polish Deal" in effect since January 1st, 2022, introduced Article 15(6) of the CIT Law, according to which real estate companies may recognize as deductible expenses amortization allowances on, among…
New obligations for payment service providers from January 2024
Payment service providers will be required to maintain quarterly records of cross-border payments to payees . The new obligations are connected to the need to implement Directive 2020/284 into the Polish legal system.
Transfer pricing sanctions in 2023
It has already become tradition that the new year means new changes in transfer pricing. At the end of last year, some of the regulations on verifying contractors for transactions with entities from tax havens,…
SLIM VAT 3 - another simplification in settling value added tax
On January 24, 2023, the Council of Ministers adopted a draft amending the Act on Value Added Tax, as well as other acts, submitted by the Minister of Finance.
Transfer pricing adjustments in 2023
The obligation of confirming transfer pricing adjustments made in the annual tax return was waived in 2023. Nonetheless, the subject of making adjustments remains valid.
Mandatory KSeF from July 1st, 2024
According to the announcement made by the Ministry of Finance, mandatory invoicing under the National e-Invoicing System (KSeF), will be postponed from January 1, 2024 to July 1, 2024.
What awaits us in Transfer Pricing in 2023
Introducing important dates related to transfer pricing in 2023.
Global minimum corporate tax to be introduced in 2024?
On an ambassadorial meeting held on December 12, 2022, European Union member states managed to reach a unanimous agreement on the global minimum corporate tax.
Obligatory “auto-enrollment” to Employee Capital Plans (PPK) from April 1st, 2023.
In 2023, the first “auto-enrollment” to Employee Capital Plans (PPK) will take place.
Simplified VAT procedure in intra-Community triangular transactions
On 8 December 2022 the Court of Justice of the European Union issued a major judgment on triangular transactions (Luxury Trust Automobil GmbH, C-247/21), in which the court held that the reverse charge mechanism in…
New PIT-2 form – what is it and how to complete it?
From January 1st, 2023, a new form of the PIT-2 statement in version 9 will be in effect.
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