Transformation of a limited partnership into a registered partnership
In connection with the announcement of CIT taxation of limited partnerships in Poland, many entrepreneurs are deciding to change the legal form of their business. A registered company may be one of the most beneficial forms. Below we present the most important problems and procedures related to the transformation.
COVID-19: The impact of extraordinary circumstances on contractual performance
Due to the ongoing pandemic, we would like to present some of the provisions of the Polish legal system allowing to modify agreements or enabling exemption from liability for their non-performance or improper performance due to changes in widely understood social and economic relations, and the so-called force majeure. However, in order to assess the …
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The Voluntary Leave Program as an alternative solution to the collective redundancy procedure
Employers who hire at least 20 employees and, due to the difficult economic situation, intend to terminate employment agreements with a considerable group of employees, are obliged to carry out a collective redundancy procedure.Pursuant to the applicable provisions of the act on collective redundancies (Act of 13 March 2003 on the Specific Principles for Terminating …
Verdict of the CJEU as a chance to recover VAT for bad debt relief
On 15 October 2020, the Court of Justice of the European Union (hereinafter: CJEU) give their verdict regarding a Polish company: E. sp. z o.o. sp.k. against the Polish Minister of Finance (case no. C-335/19), regarding the compliance of Polish provisions within the scope of bad debt relief in VAT with EU regulations.
CIT 2021: Key changes for the real estate sector
We would like to draw your attention to the revolutionary changes in taxation of business entities, which are included in the government’s bill amending the Act on Personal Income Tax, the Act on Corporate Income Tax, the Act on Lump Sum Income Tax on Certain Incomes Earned by Natural Persons and certain other acts (print …
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