Tax

Why the shadow economy persists and how governments are responding

An EY study on the shadow economy finds this major contributor to the tax gap is contracting in most countries but still remains a significant problem.

Structured e-invoices – Q&A

Starting from 1st January 2022, based on the amended Polish VAT provisions, the VAT taxpayers are entitled to issue structured invoices, i.e. so-called “e-invoices” (sometimes also referred to as “u-Invoices”). We present a summary of the most important issues raised in the form of answers to the most frequently asked questions.

Pillar Two - draft legislation published in Poland

Poland publishes draft legislation implementing global minimum tax (Pillar Two), with option to apply retroactively from 1 January 2024.

Real time reporting– challenge or opportunity for managing business more efficiently

CFOs, mark your calendars. The introduction of mandatory e-invoicing in Poland, planned for 1 July 2024 has been postponed. The new date will be announced at the turn of April and May after the completion of the audit.

How to find certainty amid tax policy transformation

EY 2024 Tax Policy and Controversy Outlook explores what you should act on now and what you should keep an eye on next. Learn more.

ICAP could help with BEPS 2.0 compliance

A voluntary tax-risk assessment project could become an important tool for Pillar Two reporting. Learn more.

Tax transparency affects privacy for HNWi's

HNWIs face privacy concerns as tax transparency grows. Balancing tax compliance and protecting personal information is a challenge. Learn more.

How quantum computing could impact tax

How can tax functions prepare for quantum computing that can revolutionize tax modeling, audit resolution and fraud detection. Learn more.

Exit tax. Moving out of Poland? Check when you have to pay exit tax

Exit tax is an extra tax (usually with no option to claim it as a tax credit abroad) applicable specifically to individuals moving their tax residence who historically benefited from stock-based incentive schemes and/or have reported a significant increase in their portfolios of shares/fund units since they acquired/ took them up .

Tax Payment Challenges for Expatriates in Poland

Expatriates in Poland face difficulties with their tax payments as tax authorities tend to interpret the law strictly. They often challenge companies’ personal income tax (PIT) paid on behalf of expatriates, and sometimes even refund past PIT payments.

Navigating BEPS 2.0 and global minimum tax

A 15%+ financial statement effective tax rate may not be enough to avoid global minimum tax as part of BEPS 2.0 Pillar Two. Learn more.

Certificates of tax residence anew – the epidemic emergency status revoked

The health emergency status announced subsequent to the outbreak of the COVID-19 pandemic was ended with effect from 1 July 2023. The change will impact remitters’ duties in respect of the requirement to hold tax residency certificates for WHT purposes.

A fixed establishment in tax authorities’ prevailing practices and mandatory e-invoicing

A fixed establishment (FE) for VAT purposes is an issue that has captured the attention of tax authorities and judicial practitioners over the years, including the Court of Justice of the European Union (CJEU) in its key judgments. With the CJEU case law, the stance of the Polish tax authorities and some national courts has shifted in favour of taxpayers.

Sponsorships – popularity of new tax relief on the increase

Companies investing in social initiatives may claim various preferential tax schemes; extra allowances to offset the costs of sports, cultural or scientific projects often prove an attractive option to entrepreneurs. In this article we give answers to the questions such as What is sponsorships tax relief? How to claim the sponsorships allowance? Who is eligible? What practical aspects are not to be neglected?

Confirmed: mandatory e-invoicing in Poland from July 1, 2024

On August 7, 2023, the President of Poland signed the Act of June 16, 2023, amending the Polish VAT Act and several other laws. This act confirms the date previously announced by the Ministry of Finance - for the introduction of the new e-invoicing format. Starting from July 1, 2024, taxpayers must be prepared for mandatory e-invoices and the National E-Invoicing System (KSeF - Krajowy System e-Faktur). These changes are aimed at combating VAT fraud and countering tax evasion by taxpayers.

How digital is changing the tax strategy for MedTech

As MedTech companies make substantial investments in digital technology, there are important tax implications that should be addressed. Learn more.

EY Guide 2023 — Poland: e-commerce in practice

Take a look at EY Guide 2023 — Poland: e-commerce in practice. Our experts have analyzed all the crucial aspects which should be considered before commencing an online business in Poland, such as the legal form for conducting e-commerce, registration obligations, different channels of sale, necessary documents, seller’s obligations, consumer rights, IP rights and advertising, privacy and cookies, payment services, cybersecurity aspects and tax requirements.

How transforming tax functions is paying off

New tax operating models in the last five years delivered value to businesses, EY survey shows. The next five years will add even more. Read more.