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Ministry Of Finance Is Considering Resigning From Tax Returns

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Every company in Poland that is a VAT payer is under obligation to file periodic VAT tax returns to the Ministry of Finance. The document, which may be submitted on a monthly or a quarterly basis, indicates the amounts of VAT sales and purchases and the amount of value-added tax liability the entity has to pay. Tax offices use these to check whether entrepreneurs meet their fiscal obligations and calculate and pay taxes in the appropriate way and amount. Filing tax returns is mandatory. Failure Read more

Financial Supervisory Authority Raises the Alarm About Nova Giełda

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Financial Supervisory Authority put Nova Giełda on the public warnings list.  The reason for this was that the company of Mariusz Patrowicz carried out brokerage activity without a licence (suspicion of breaching Article 178 of the Act on Trade). A public warnings list managed by the Financial Supervisory Authority is a catalogue of entities submitted by the Financial Supervisory Authority together wi Read more

The Biggest Threat to Business? New Regulation

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Union of Entrepreneurs and Employees asked Polish company owners about the new regulations and, in their opinion, obstacles entrepreneurs face today while doing business in the country. The vast majority of the poll takers indicated unstable legal provisions as the main source of their concerns. The research, conducted by Maison & Partners in cooperation with Ariadna's research panel, was carried out among 282 SMEs. It is the second time such research has been conducted. The same poll was ta Read more

Ursus Forges Cooperation With the Technical University of Munich

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Ursus, a producer of agricultural equipment, announced it wants to create an Intelligent Industry Centre. The facility is to be situated in the city of Lublin, in the East of Poland, 170 kilometres off Warsaw. Due to this, the company wants to forge cooperation with the Technical University of Munich. This is a big step towards developing electromobility solutions in Poland. Ursus announced its plans in Read more

One-Time Use Of The Anti-Tax Avoidance Clause

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The anti-tax avoidance clause, introduced in 2016, allows to question of tax benefits obtained through pretended actions leading to decreased taxation. During the nearly a year of the clause being in effect, there was merely one case of proceedings initiated with its use. As the Ministry of Finance explains, the number of proceedings is determined by the short period of time the clause is in force. Due to the fact, it mainly concerns income taxes and it came into effect in the middle of last yea Read more

Duke and Duchess of Cambridge visit Poland

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The most famous British royal couple – Prince William and his wife Kate also known as Duke and Duchess – visited Poland this week. They flew to Poland on a diplomacy tour that lasted five days and included Poland as well as Germany. The royals were accompanied by their children: Prince George and Princess Charlotte. Plans for the visit had been announced in March. The short Read more
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