The Polish government adopted a draft amendment to the act about mortgage bonds and mortgage banks. The draft was submitted by the Ministry of Finance. The draft amendment on covered bonds and mortgage banks adopted Read more

From 1 January 2022, a new Polish deal will change the rules of collecting withholding tax (WHT). Some changes particularly affect the rules of collecting WHT in case the payments of proceeds are made through entities that maintain securities accounts. New rules enforce a pay-and-refund instrument for passive income (interest, dividends) earned by related parties that exceed PLN 2m in a tax year.

The Importance of the New Polish Deal:

According to the CIT Act, the entity that holds the Read more