Back to insights
Tax updates

Decommissioned disc subsidy without income tax

According to the Prime Minister's announcements, the Ministry of Finance published a project on the non-collection of tax on decommissioned subsidies from crisis shields.

According to the Prime Minister's announcements, the Ministry of Finance published a project on the non-collection of tax on decommissioned subsidies from crisis shields.

According to the Prime Minister's announcements, the Ministry of Finance published a project on the non-collection of tax on decommissioned subsidies from crisis shields.

The draft regulation of the Minister of Finance, Funds and Regional Policy on the non-collection of income tax on incomes (revenues) for the remission of the financial subsidy received under the Polish Development Fund's Financial Shield assumes that the Treasury will not collect the PIT and CIT tax on the waived PFR subsidies.

This Regulation is to enter into force before 20 July This is before the settlement date of the income tax advance. Failure to collect the tax will not affect the eligibility of the costs financed by this subsidy, which means that expenditure can remain in the costs if it is linked to the activity carried out.

This will apply to revenue (income) generated from 1 June 2021 to 31 December 2022 The Regulation will also have consequences for subsequent years for entrepreneurs who will reduce the tax in subsequent years as a result of losses.

You can download the project below in pdf form

Continue exploring our insights.

View all insights
Tax updates

Changes to PIT and CIT tax rules

Increasing the PIT tax brackets, limiting the flat tax, and changes concerning CIT taxpayers may affect the cost-effectiveness of different taxation options.

Tax updates

Reporting of the result on TPR-C transactions only for the tax year to which the information relates – current position of KIS

The Director of KIS confirmed that the TPR-C should only show the transaction result for the tax year covered by the information.

Tax updates

Planned changes to transfer pricing legislation

Given the increasing number of intra-group transactions, the need to amend transfer pricing issues is increasingly important.