Global

Details

  • Service: Tax, International Corporate Tax, Global Compliance Management Services
  • Type: Regulatory update
  • Date: 12/6/2012

Poland - Corporate tax changes on contractor payments, leasing arrangements 

December 6:   The following corporate tax law changes in Poland will be effective 1 January 2013.

  • There are new rules concerning the tax treatment of costs when the taxpayer fails to meet its financial obligations with regard to payments to contractors. Under this measure, if the taxpayer fails to settle charges on a contract within 30 days of the due date, the taxpayer must decrease the amount it claimed as tax deductible costs by a corresponding amount.
  • A new provision extends the definition of a leasing arrangement to apply to the leasing of a perpetual usufruct (use) of land. A provision also reduces the minimum period for real estate leasing contracts from 10 years to five years.

Read a December 2012 report [PDF 155 KB] prepared by the KPMG member firm in Poland: Changes to Corporate Income Tax in 2013 (December 2012)




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