New treatment of share redemption income
Amendments to the Corporate Income Tax Act and the Personal Income Act in Poland went into force on 1 January 2011, including changes in the tax treatment of share redemption transactions.
Is it worthwhile raising expired tax obligations in a proceeding involving unreported income?
So far it has not afforded any protection to taxpayers facing an assessment for unreported income to assert income on which tax is no longer due because it is barred by the statute of limitations.
Changes in VAT treatment of healthcare services from 1 January 2011
Under amended regulations, starting 1 January 2011 the VAT exemption for healthcare services would be limited to services that meet a new statutory definition of “medical services.”
VAT effects of issuing vouchers to employees
Pracodawcy odchodzą od wynagradzania lub premiowania pracowników za pomocą bonów towarowych ze względu na niekorzystne zmiany w przepisach o podatku dochodowym od osób fizycznych. Teraz wydawanie bonów może rodzić dodatkowe ryzyko w podatku VAT.
New authority for fiscal inspectors
When must a financial institution release information to fiscal audit authorities identifying the holder of a bank account?
What do fiscal inspectors need to know about us?
At the end of July 2010 an amendment to the Polish Fiscal Audit Act went into effect. Of particular interest is Art. 7c, which expands the obligations of businesses to provide information to tax inspectors.
Amendments to Fiscal Audit Act
An amendment to the Fiscal Audit Act of 28 September 1991 went into effect on 30 July 2010.
No income recognised on in-kind contribution to partnership
In-kind contribution of a sole proprietorship to a partnership does not constitute the sale of the business, and thus the partner is not deemed to have income on the transaction.
