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Campus Warsaw celebrates its first birthday

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This time last year Google launched Campus Warsaw in the capital’s old district of Praga. The place, a hub of new talent and technology, summed up the past 12 months of activity. The initiative, operated by Google for Entrepreneurs, was called a great success. “Today we would like to thank you - what we’ve achieved together is truly amazing. And we are just getting started!” – said Rafał Plutecki, the head of Campus Warsaw.   Campus Warsaw is currently located within the premis Read more

National Treasury Administration bill signed

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As of 1 March 2017, customs, tax administration and fiscal control will be consolidated and turned into National Treasury Administration (KAS) – as stipulated in the bill on KAS and act introducing its regulations signed by president Andrzej Duda.   As the President’s Office informed, KAS will be a dedicated government administration carrying out tasks within the scope of: tax income, customs duties, fees and non-tax budget receivables. KAS is to protect the interests of State Treasur Read more

Expired deadline for submitting a FATCA statement

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1 December was the deadline for meeting the obligation to submit a FATCA statement. The obligation concerns everybody (individuals as well as companies) who opened their account after 30 June 2014.   FATCA (Foreign Account Tax Compliance Act) is an American legal act passed in 2010 by the Congress. Its aim is imposing an obligation on foreign financial institutions to provide a list of clients that constitute a group of US tax residents. The main idea behind introducing the obligation is Read more

Act on innovation signed by the Polish President

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The new act on innovation is to guarantee companies possibility to take advantage of substantial tax credits for research and development, while scientists are to benefit from commercialising their inventions to a much greater extent.   In accordance with the announcements of President Andrzej Duda, the solutions included in the new act to are bring a real growth of innovation, and therefore better functioning of Polish economy, better functioning of Polish science, and as a result a dist Read more

New tax-free threshold regulations

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Poland’s parliament introduced amendments to the bill on tax-free threshold. According to the proposals put forward by the Senate, people with low income will be exempted from paying income tax.   The current tax-free threshold in Poland is 3,091 PLN. This week, the parliament worked on the bill keeping the amount on the same level for 2016 and 2017. The bill was passed through the Sejm, the lower chamber of Polish parliament, and went to the Senate. The body could have left the bill in Read more

Ministry is preparing for a mobile revolution

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The Ministry of Digital Affairs held a press conference to present its new plans concerning the future of Polish identity cards and other official documents. As the world is becoming more and more mobile, so are public institutions. Soon, Poles will be able to leave many of their personal documents at home and use their phones instead.   “MDocuments” (mobile documents) is the name of a programme of digitalising documents and enabling mobile access to them. The aim is to allow ordinary Read more
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