Spółki komandytowe jednak będą objęte CIT

Limited partnerships will be covered by CIT

The published draft amendment to the Income Tax Acts of September 15 shows that the legislator decided to fully tax limited partnerships with CIT, starting from 2021. Only the income generated by these companies until the end of 2020 will be taxed under the current rules. The above means that the currently popular limited partnerships

For whom will Estonian CIT be profitable?

According to the government’s declaration, capital companies will be able to switch to the so-called “Estonian CIT”, which is intended to encourage investment. As a rule, profits generated by enterprises will not be subject to taxation as long as their partners do not decide on distribution of profits – which means that the moment of

Penalty for each error in JPK from October 1, 2020.

It is worth remembering that from October 1, 2020, the tax office will be able to impose a fine of PLN 500 for each error in the VAT records. From October 1, 2020, entrepreneurs will apply new rules for the preparation of VAT records related to the changed structure of JPK V7, covering both the

Estoński CIT

The announcement of CIT taxation of limited partnerships?

The latest government project is a surprise to the huge number of entrepreneurs operating in the form of limited partnerships. From the published list of legislative and program works of the Council of Ministers, it can be concluded that the government plans to cover limited partnerships with CIT from the beginning of 2021. The surprise

sprzedaż nieruchomości

The tax office also wants to earn money by selling real estate

There is no end to disputes with the tax authorities as to whether the division of real estate into several plots and their sale is already a business activity or a sale of private property. The latter is not subject to income tax if the sale of real estate took place after 5 years from

matryca VAT

Doubts arising in regard to new matrix of VAT rates

On July 1, 2020, new VAT rates entered into force – it was decided to depart from the old PKWiU 2008 classification in favor of the Combined Nomenclature (CN) for goods, and PKWiU 2015 for services. The so-called the new matrix of VAT rates was intended to simplify and organize the rates. The legislator’s assumption

Estoński CIT

Polish Ministry of Finance has published the “Estonian CIT” project

On August 12, the Government Legislation Center published a draft amendment to the CIT Act, aimed at introducing the so-called Estonian CIT. The Ministry of Finance intends to provide taxpayers with a new model of tax settlement in capital companies with tax preferences for companies making investments from 1 January 2021. Over 5 billion PLN

inwestycji mieszkaniowych

THE ACT ABOUT FACILITATION OF PREPARATION AND IMPLEMENTATION OF RESIDENTIAL INVESTMENTS

The act about facilitation of preparation and implementation of residential investments and accompanying investments. On August 22, 2018, the act about facilitation of preparation and implementation of residential investments and accompanying investments (OJ of 2018. pos. 1496) – called the “residential special law”, entered into force, adopted on July 5, 2018. The Act, as indicated