Monday, November 4, 2024

Participation in a Foreign Company May Not Exclude Eligibility for Estonian CIT, Court Rules

One of the conditions for qualifying for the Estonian CIT (Corporate Income Tax) is not to have shares in the capital of another company....

Reforms Could Boost Investments in Poland by 25%, but Lack of Action Risks a 40% Decline – PwC Analysis

Appropriate legislative changes could facilitate a 25% increase in investments over the next five years, but their absence could lead to a drop of...

Fabrity Holding to Pay Advance Dividend and Simplify Group Structure

By the end of November, the Fabrity Holding Board plans to pay 1.30 PLN per share to its shareholders as an advance on dividends...

Government Priorities for the Year 2025

On August 28, 2024, the Council of Ministers adopted the draft of the state budget for 2025, which focuses on security, economic development, and...

Poland’s Record-Breaking Budget: Defense, Healthcare, and Economic Growth at the Forefront of 2025 Fiscal Policy

Record Defense and Healthcare Spending, Citizen Benefits, Economic Revival, 3.9% GDP Growth, and Declining Unemployment – Key Directions of Fiscal Policy for Next Year. On...

Business Centre Club Calls for Comprehensive Tax Reform in Poland

On July 4th, at the Ministry of Finance, a meeting took place between representatives of businesses and the Minister of Finance, Andrzej Domański, during...

Local Government Finances to Gain Predictability and Autonomy: New Regulations Expected in 2025

Work on amending the law on the revenues of local government units is accelerating. The new regulations are expected to come into effect at...

Poland May Lose Competitiveness Due to Global Minimum Tax, Experts Warn

With the introduction of the global minimum tax, fiscal incentives for large foreign investors will lose their significance, and Poland may become less competitive...

Polish entrepreneurs spend an average of 334 hours annually on tax formalities

The dynamically changing tax regulations in recent years have significantly impacted the fulfillment of tax obligations in Polish enterprises. Poland has the second most...

Local governments are counting on governmental changes in the financing system. Ministerial solutions are also needed in the areas of education and healthcare

The Ministry of Finance plans to introduce changes in the funding of local governments. Local government revenues would be based on the local tax...

Ministry of Finance Unveils Local Government Financing Reform

The Ministry of Finance has outlined a new reform for financing local government units (LGUs), asserting that post-reform, LGU revenues will increase and become...

Ministry of Finance Reports Budget Deficit of 39.9 Billion PLN in Poland (as of April)

The budget deficit after April amounted to 39.9 billion PLN, the Ministry of Finance announced in a statement. As noted, this is 21.7% of...

New Tax Relief Proposed to Help Businesses Adapt to ESG Reporting Requirements

In response to the new ESG non-financial reporting requirements that came into effect at the beginning of this year, the Confederation of Leviathan and...

Experts demand a tax system overhaul in Poland

Adverse tax solutions for companies have begun to emerge in Poland. As experts on the subject point out, the market is primarily expecting a...
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