Polish President and Prime Minister visit Davos

Posted on January 29, 2018 by admin

Once again, the Swiss town of Davos became a meeting point for world leaders, esteemed economic experts, and all those interested in how the economy shapes the modern world and how global events affect the economic environment. The World Economic Forum foundation has been organising those annual meetings since the early 1970s. Today, the event hosts over 2,500 participants from all over the world. Thee 2018 Davos summit, taking place from 23 to 26 January, is held under the theme “Creating a S Read more

Mateusz Morawiecki Government Reshuffle

Posted on January 19, 2018October 21, 2023 by admin

The long-anticipated reshuffle of the government of Mateusz Morawiecki has finally taken place. On Tuesday, the President of Poland, Andrzej Duda, upon the request of the Prime Minister, officially appointed the new heads of several government ministries. The names of the new ministers were kept confidential until the very last moment. The reshuffle is quite substantial. The Ministers of Health, Defence, Foreign Affairs, Digitisation and Environment were among those who had to leave their positi Read more

The biggest taxpayers will receive special treatment

Posted on January 15, 2018 by admin

The Ministry of Finance is planning to create a new unit for dealing with the biggest taxpayers. Polish enterprises with significantly high turnover are seen as key to the state economy. Not only do they employ thousands of staff members, but they also accrue high revenue and therefore pay high taxes that constitute an important part of the state budget. Important enough to deserve special attention from fiscal authorities. From April 2018, the most important taxpayers will be subject t Read more

Changes to Corporate Income Tax in 2024

Posted on January 05, 2018October 21, 2023 by admin

The Ministry of Finance recently prepared several changes in fiscal regulations that apply to taxpayers paying corporate income tax, or CIT. The goal behind the amendments is increasing budget revenue through, among other things, limiting the possibilities of tax optimization. Polish companies need to prepare for more detailed legal provisions and stricter interpretation of the existing corporate income tax rules. Among the most important reforms is the separation of capital gains and other pro Read more

Bank Accounts Under Scrutiny of Tax Administration

Posted on January 01, 2018October 21, 2023 by admin

January 1^st is the day on which the so-called “STIR Act” comes into effect. The new regulation is to counteract tax administration and fraud and money laundering. Polish lawmakers prepared a series of amendments that will allow them to create a new system for exchanging and analyzing financial information between financial institutions and using the data to detect suspicious transactions and dishonest taxpayers. STIR, or Read more

Southeastern Poland Confidently Reaches for EU Funds

Posted on December 22, 2017October 21, 2023 by admin

Grant Thornton, one of the leading audit agencies, conducted research into EU funds that flow to Poland. In particular, they were interested in what regions and cities money is allocated and what it is used for. The recently published report with the results of the study indicates which regions of Poland are most effective when it comes to reaching for the support of European institutions directed at research and development (R+D). Auditors made a finding that may seem surprising. The leader of Read more

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